Hang Seng Bank Ex-Chairman Li Quo-Wei Has Died at Age 95
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Lee Quo-wei, the former chairman of Hong Kong’s Hang Seng Bank Ltd. who fended off a bank run, helped peg the local currency to the U.S. dollar and rebuilt the reputation of the city’s stock exchange, has died. He was 95.
Lee died on Aug. 10 at Prince of Wales Hospital in the city’s Shatin district, the unit of HSBC Holdings Plc said in an e-mailed statement on behalf of his family yesterday, without giving a cause of death.