The family of chairman and chief executive Patrick Fung Yuk-bun and Bank of New York together control 45 per cent of Wing Hang Bank.
More than HK$40b to take Wing Hang Bank private, says source
Three parties are reported to be interested in the city's second-largest family-owned lender, which could go for about two times book value
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Wing Hang Bank
The family of chairman and chief executive Patrick Fung Yuk-bun and Bank of New York together control 45 per cent of Wing Hang Bank.