HSBC to buy full control of Hang Seng Bank in $13.6 billion Hong Kong deal

The Hongkong and Shanghai Banking Corporation, better known as HSBC, has announced that it will purchase the remaining 37% stake in Hang Seng Bank for $13. 6 billion, taking full control of the lender. “This is an investment for growth, for the medium to long term in what is a leading local bank in Hong Kong,” […] source: https://www.cryptopolitan.com/hsbc-to-buy-full-control-of-hang-seng-bank/