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Using debit cards means missing out on valuable travel rewards, trip protections, and perks that save you hundreds (or even ...
DFM and ADX – will end what’s been a difficult week for global markets on the up, and fairly good increases at that. At 2pm, the DFM general index is pulling on at just over 1% gain for the day, with ...
I maintain a Hold for Hang Seng Bank Limited; its risk-reward remains balanced with the fall in the Hong Kong Dollar Interest Settlement Rate. HSNGY's Net Interest Income and shareholder returns ...
Hong Kong-based lender Hang Seng Bank said on Thursday that it was restructuring its business and streamlining duplicate roles in a move that would lead to job losses for about 1% of its "core staff".
Blockchain technologies and digital currencies might initially appear to be a threat to traditional financial institutions like Visa and Mastercard. Yet these debit and credit card network operators — ...
Hong Kong-based Hang Seng is preparing its yuan-backed debit cards database in southern China, in accordance with authorities' requirement to set up a bank card database onshore.
Hang Seng Bank has a 7% share of deposits in Hong Kong as of the end of 2023, ranking fourth in the market after HSBC with 33%, Bank of China (Hong Kong) with 16%, and Standard Chartered with 12%.
Hong Kong's Hang Seng Index came off its initial session low but remained down nearly 9%, while China's mainland CSI 300 Index and the Shanghai Composite Index both dropped by around 5.6%.
Beijing allows Hong Kong banks to issue credit cards on mainland from March 1 The new rules will benefit lenders such as HSBC, Standard Chartered, Bank of East Asia and Hang Seng Bank, analysts say ...
The upgrade of Hang Seng Bank to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
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.