Hang Seng Bank Limited, a financial institution, together with its subsidiaries, engages in the provision of banking and related financial services in Hong Kong, the Americas, and Mainland China. The company is a subsidiary of The Hongkong and Shanghai Banking Corporation Limited. The company also provides retirement benefits, and life and general insurance products; fund management services; trustee services; and stockbroking and property management services. As of December 31, 2008, the company had approximately 210 service outlets, including 106 branches in Hong Kong, as well as maintained a branch in Shenzhen for foreign currency wholesale business, branches in Macau and Singapore, and representative offices in Xiamen and Taipei. In addition, it operated a network of 33 outlets in Beijing, Shanghai, Guangzhou, Shenzhen, Dongguan, Fuzhou, Nanjing, Hangzhou, Ningbo, Tianjin, and Kunming in the People's Republic of China. Segments The company conducts its operations through four segments, including Personal Financial Services, Commercial Banking, Corporate Banking, and Treasury. Personal Financial Services The Personal Financial Services segment provides banking products and services, including deposits, credit cards, mortgages, and other retail lending; and wealth management services, such as private banking, investment, and insurance to personal customers. Commercial Banking The Commercial Banking segment manages middle market and smaller corporate relationships, as well as specializes in trade-related financial services. Corporate Banking The Corporate Banking segment handles relationships with large corporate and institutional customers. Treasury The Treasury segment engages in balance sheet management and proprietary trading, as well as manages the funding and liquidity positions. History Hang Seng Bank Limited was founded in 1933.
hang seng bank-sponsored adr
(HSNGY:OTC Markets Group Inc - Current Information)
83 Des Voeux Road
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