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 SFC found that the bank had engaged in serious misconduct, including excessive fees and soliciting clients for frequent ...

Hong Kong regulators have imposed a HK$66.4 million fine on Hang Seng Bank for misconduct related to how it sold investment ...

Hang Seng gains on China’s AI optimism, while Nikkei falters on a stronger Yen. ASX 200 surges as rate cut bets fuel banking and tech stocks.

Hong Kong's markets watchdog has fined Hang Seng Bank HK$66.4 million (US$8.5 million) for regulatory failures and overcharging clients. The Securities and Futures Commission (SFC) said on Monday ...

Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. Most ...

Leading city bank is fined for serious misconduct in sale of financial products to clients for more than a decade As a financial hub, it is imperative for Hong Kong to maintain a solid reputation and ...

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 ...