Hong Kong-based lender Hang Seng Bank said on Thursday that it was restructuring its business and streamlining duplicate ...

PBoC rate cuts and Wall Street optimism drive Asian stock markets higher, despite US-China trade tensions. Tech and banking ...

By the end of 2024, the bank had about 8,300 employees in Hong Kong and mainland China, but the core staff number remains ...

Some departments lose up to 20 per cent of their staff, while the hardest-hit team is cut in half, sources say.

In some departments, half of the staff count has reportedly been cut, while those who remain are required to reapply for ...

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

The Hong Kong-based bank has seen an 80% rise in new account openings for retail mainland customers. Hang Seng Bank has ...

Hong Kong-based Hang Seng Bank is laying off employees across multiple departments such as IT and corporate communications, reducing headcounts ranging between 10% and 50%. This abrupt move comes ...

The Hang Seng Index rose to the highest level since April 2 as investors waited cautiously on the upcoming US and China trade ...

The People’s Bank of China (PBoC) and the Reserve Bank of Australia (RBA) lowered their interest rates today, hoping to tame ...

The Nasdaq Composite Index and the S&P 500 advanced 0.72% and 0.10%, respectively. Tech stocks remained in high demand after ...

Hang Seng Bank, a lender based in Hong Kong, has announced a restructuring initiative that would result in job losses for approximately 1% of its core workforce. In a statement, the bank ...