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Hong Kong-based lender Hang Seng Bank said on Thursday that it was restructuring its business and streamlining duplicate ...
Some departments lose up to 20 per cent of their staff, while the hardest-hit team is cut in half, sources say.
Hong Kong retail lender Hang Seng Bank is carrying out lay-offs as part of its parent company HSBC Holdings’ aggressive restructuring aimed at enhancing cost-effectiveness and growth.
HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly ...
These agreements aim to support both companies in expanding their presence into promising Middle Eastern markets ...
Leading local banks including HSBC, Bank of China (Hong Kong) and Standard Chartered on Thursday kept their prime lending ...
HONG KONG (Reuters) -- HSBC launched a $3 billion share buyback ... President Donald Trump's global trade war. The London-based bank reported first quarter profit before tax of $9.5 billion ...
Europe's largest bank reaffirmed targets and unveiled a ... of $7.8 billion for Europe's biggest lender by assets. HSBC's Hong Kong shares were up 3.2%, against a flat Hang Seng benchmark, while ...