Hong Kong Free Press on MSN16d
Hang Seng Bank fined for HK$66.4 million over misconduct in selling investment products
Hong Kong regulators have imposed a HK$66.4 million fine on Hang Seng Bank for misconduct related to how it sold investment products between 2014 and 2023. The Securities and Futures Commission (SFC) ...
Hang Seng Bank fined $8.5 million for investment product sales misconduct
Hong Kong's securities regulator said on Monday it had fined Hang Seng Bank HK$66.4 million ($8.52 million) for overcharging its clients while selling investment products. The Securities and Futures ...
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Year of the Tiger: Citi and other Hong Kong banks hand out electronic lai see as pandemic halts annual ritual
HSBC and its Hang Seng Bank subsidiary will follow on the Lunar New Year’s eve on January 31, setting aside HK$15 million between them to send HK$500 to each of their 30,000 employees.