Tag: Hong

Hong Kong’s BEA Starts Approach of Selling Lifestyle Insurance Arm

Photographer: Paul Yeung/Bloomberg Photographer: Paul Yeung/Bloomberg Bank of East Asia Ltd. agreed to start off a system of providing its life insurance coverage unit in a bid to raise profitability and lift its shares. The financial institution, which counts activist investor Paul Singer’s Elliott Management Corp. as a shareholder, introduced the system following a business