Banking giant HSBC has unveiled plans to take its troubled Hong Kong-listed business Hang Seng Bank private in a deal valuing the subsidiary at 290 billion Hong Kong dollars (£27.9 billion).
London-headquartered HSBC, which already owns…

Banking giant HSBC has unveiled plans to take its troubled Hong Kong-listed business Hang Seng Bank private in a deal valuing the subsidiary at 290 billion Hong Kong dollars (£27.9 billion).
London-headquartered HSBC, which already owns…