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Hang Seng Bank (FRA:HSB) Cash, Cash Equivalents, Marketable Securities


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Hang Seng Bank (FRA:HSB) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hang Seng Bank Ltd (FRA:HSB) » Definitions » Cash, Cash Equivalents, Marketable Securities
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Address
83 Des Voeux Road Central, Hong kong, HKG
Hang Seng Bank is a Hong Kong-based financial institution. Founded in 1933, the bank has a long history in Hong Kong and operates three main segments, retail banking and wealth management, commercial banking, and global banking and markets. The majority of the group's profit is generated in Hong Kong and mainland China. HSBC has been its majority shareholder since 1965, with a controlling 62% stake.