Bank of East Asia

Founded in 1918, Bank of East Asia is the largest independent local bank and third largest bank in Hong Kong. It was co-founded in 1918 by Li Koon-chun, grandfather of David Li Kwok-po, who has been its chief executive since 1981.

The High Court in Hong Kong. Photo: Dickson Lee

Bank of East Asia and Elliott back in court

The latest stage in the legal dispute between Bank of East Asia and activist hedge fund Elliott Management took place on Thursday as representatives of the three parties, Elliott, BEA’s directors, and the bank itself appeared before Mr Justice Jonathan Harris in a case management conference.