Hang Seng Bank
Hang Seng Bank Limited (Chinese: 恒生銀行有限公司) (SEHK: 0011, OTC Pink: HSNGY) is the second largest bank in Hong Kong. It is a listed company but it is majority owned (62.14% equity interest) by the HSBC Group via The Hongkong and Shanghai Banking Corporation. Hang Seng is also one of the constituent shares of the Hang Seng Index. The current vice-chairman and CEO is Margaret Leung Ko May Yee. Former CEO Vincent Cheng has been appointed to be the Chairman of the Hongkong and Shanghai Banking Corporation, and took up the post on May 25, 2005. Its headquarters are in Central.
Read more about Hang Seng Bank: History
Famous quotes containing the words hang and/or bank:
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Are like gold nails in temples to hang trophies on,
Whose prose is grand verse, while his verse, the Lord knows,
Is some of it pr—No, ‘t is not even prose;
I’m speaking of metres;”
—James Russell Lowell (1819–1891)
“The prairies were dust. Day after day, summer after summer, the scorching winds blew the dust and the sun was brassy in a yellow sky. Crop after crop failed. Again and again the barren land must be mortgaged for taxes and food and next year’s seed. The agony of hope ended when there was not harvest and no more credit, no money to pay interest and taxes; the banker took the land. Then the bank failed.”
—Rose Wilder Lane (1886–1968)