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.

SHANGHAI: China and Hong Kong stocks rose on Wednesday, led by mining and battery shares, as a rally in gold prices and the ...

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 ...

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 ...

U.S. stock indexes are drifting lower as momentum slows for Wall Street after it rallied from a deep hole nearly all the way ...

By Scott Murdoch and Julie Zhu HONG KONG (Reuters) -Shares of Chinese electric vehicle battery giant CATL traded as much as ...

The statement from Hang Seng Bank came a day after Hong Kong's Sing Tao Daily reported the lender, which has rarely made large-scale layoffs, was cutting 10% to 50% of staff in some teams.

[HONG KONG] Hong Kong-based lender Hang Seng Bank said on Thursday (May 15) that it was restructuring its business and streamlining duplicate roles in a move that would lead to job losses for about 1 ...