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Hang Seng Bank Enhances Remuneration Oversight

Story Highlights
  • Hang Seng Bank operates in the banking industry, aligning with HSBC’s framework.
  • The bank’s Remuneration Committee ensures policies align with strategy and regulations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hang Seng Bank Enhances Remuneration Oversight

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An announcement from Hang Seng Bank ( (HK:0011) ) is now available.

Hang Seng Bank Limited has outlined the terms of reference for its Remuneration Committee, which is responsible for overseeing the bank’s remuneration policies and ensuring they align with HSBC Group’s framework. The committee’s responsibilities include ensuring the remuneration framework complies with local laws, aligns with the bank’s risk appetite and business strategy, and is suitable for attracting and retaining talent. This move is part of Hang Seng Bank’s efforts to maintain a competitive edge in the market by ensuring its remuneration policies support its long-term interests and values.

The most recent analyst rating on (HK:0011) stock is a Buy with a HK$135.00 price target. To see the full list of analyst forecasts on Hang Seng Bank stock, see the HK:0011 Stock Forecast page.

More about Hang Seng Bank

Hang Seng Bank Limited operates in the banking industry, providing a range of financial services and products. It is a subsidiary of HSBC Group and focuses on aligning its operations with HSBC’s global framework while adhering to local regulations.

Average Trading Volume: 1,957,716

Technical Sentiment Signal: Buy

Current Market Cap: HK$215.7B

See more insights into 0011 stock on TipRanks’ Stock Analysis page.

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