Hang Seng Bank

House of the Year, Hong Kong

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Hang Seng Bank, a Hong Kong-listed subsidiary of HSBC, has long stood out as a standard bearer for prudent banking in the territory, and its performance in 2008 has further solidified that reputation. The bank has surprised the market repeatedly in the past 12 months, firstly with its lack of exposure to US-linked structured credit and special investment vehicles (SIVs), then with the revelation that it alone among major local banks had not marketed minibonds - leveraged credit-linked notes - to