Hang Seng Bank wealth management income up 19% in H1

Local lender Hang Seng Bank maintained good growth momentum in the wealth management sector, with such income rising to US$648 million in the first half of 2015, from US$543.5 million in the same period last year. This comprised investments and insurance revenues. More than half, or 55%, came from the former stream comprising retail investment funds, structured investment products, securities…

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