HSBC
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HSBC Intensifies Focus on Asia with China Wealth Expansion and Argentina Business Sale
HSBC is setting an aggressive pace for the expansion of its wealth business in China, despite prevailing economic challenges. Nuno Matos, the bank's wealth and personal banking CEO, revealed plans to nearly double the wealth management workforce in China by 2025, in line with HSBC's strategic pivot towards the continent. HSBC is setting an aggressive pace for the expansion of its wealth business in China, despite prevailing economic challenges. Nuno Matos, the bank's wealth and personal banking CEO, revealed plans to nearly double the wealth management workforce in China by 2025, in line with HSBC's strategic pivot towards the continent. -
HSBC Set to Expand its Footprint in China with Acquisition of Citigroup's Consumer Wealth Business
In a strategic move to bolster its presence in mainland China, HSBC is reportedly on the brink of acquiring Citigroup's China consumer wealth management business. This acquisition comes at a time when the global banking landscape is undergoing significant shifts, and China's economic challenges are in the spotlight. In a strategic move to bolster its presence in mainland China, HSBC is reportedly on the brink of acquiring Citigroup's China consumer wealth management business. This acquisition comes at a time when the global banking landscape is undergoing significant shifts, and China's economic challenges are in the spotlight. -
U.S. Bond Yields Have Peaked: HSBC Believes it's for Real This Time
While the market is betting on the Federal Reserve skipping a rate hike in June, HSBC has confirmed that long-term U.S. bond yields have already peaked. While the market is betting on the Federal Reserve skipping a rate hike in June, HSBC has confirmed that long-term U.S. bond yields have already peaked. -
HSBC acquires UK arm of Silicon Valley Bank for nominal price
HSBC, one of the world's largest banks, has acquired the UK division of Silicon Valley Bank (SVB) for the nominal price of £1, following the bank's collapse last week. The deal has been approved by the Bank of England (BoE) and will safeguard UK firms with investments and deposits in SVB from any negative fallout from the bank's demise. HSBC, one of the world's largest banks, has acquired the UK division of Silicon Valley Bank (SVB) for the nominal price of £1, following the bank's collapse last week. The deal has been approved by the Bank of England (BoE) and will safeguard UK firms with investments and deposits in SVB from any negative fallout from the bank's demise. -
HSBC Unveils Metaverse Offering For Wealthy Clients In Asia
The HSBC portfolio was created for the bank's high net worth Asian clients. The HSBC portfolio was created for the bank's high net worth Asian clients. -
Meng Wanzhou 'Contractually Bound' To Seek Ban Of HSBC Documents
HSBC requires Meng's leawyers to "use reasonable efforts" to keep confidential information concealed. HSBC requires Meng's leawyers to "use reasonable efforts" to keep confidential information concealed. -
HSBC Winding Down U.S. Business To Focus On Asia
HSBC will focus more on profitable markets such as China. HSBC will focus more on profitable markets such as China. -
HSBC, ADB Offer Financial Clout And $300 Million To Boost Asian Vaccine Programs
The lenders will offer funds through trade loans and invoice financing. The lenders will offer funds through trade loans and invoice financing. -
HSBC To Fast-Track Restructuring As It Suffers $3 Billion Third Quarter Loss
Europe's largest bank posted a 35% decline in quarterly pretax sales to more than $3 billion. Europe's largest bank posted a 35% decline in quarterly pretax sales to more than $3 billion. -
Stephen, Stitt Back On Show At No. 1 Queen’s Road Central
They have been months in restoration after being set on fire by protesters. They have been months in restoration after being set on fire by protesters.