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Wing On Bank controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 1986

    Collapse and investigation over doubtful loans

    Wing On Bank collapsed after a period of financial uncertainty and a failed recapitalization attempt. An official investigation examined possible criminal conduct, and investigators identified HK$275 million in doubtful loans connected with the personal affairs of general manager Albert Kwok.