HSBC

The Latest

  • Big Banks Go Green With Zero-Emission Targets
    AT THE CROSSHAIRS
    “We have a landmark opportunity to accelerate our efforts to build a healthier, more resilient and more sustainable future,” HSBC said.
  • Ping An Insurance Snaps Up HSBC Stock As Price At Unprecedented Lows
    HSBC
    Ping An purchased 10.8 million HSBC shares in the open market at an average price of around HK$28.28 per share.
  • HSBC Stock Hits 25-Year Low On Suspicious Transactions, China's 'Unreliable' List
    HSBC
    HSBC shares were last trading in Hong Kong at HK$28.75 – slightly up on its opening price Tuesday of HK$28.50.
  • Global Banks Seek To Contain Damage Over $2 trillion Of Suspicious Transfers
    HSBC
    Global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout from a cache of leaked documents showing they transferred more than $2 trillion in suspect funds over nearly two decades.
  • Pompeo Blasts China For 'Bullying' HSBC In Treatment Of Pro-Freedom Clients
    HSBC
    Mike Pompeo cited reports that HSBC was actively restricting some customers linked to pro-democracy movements access to their accounts.
  • HSBC Plans To Lay Off Thousands In Tough Market As A Result Of Bad Debts, COVID-19 Virus
    JOB CUTS
    HSBC'S operating environment has changed dramatically since the start of the year, CEO says
  • HSBC Profit Drops 65%, Warns Losses Could Hit $13 Billion
    HSBC
    HSBC sets aside $8 billion to $13 billion for bad debt charges this year.
  • HSBC Junks Chinese Media Reports That It 'Fabricated Evidence' On Huawei
    AT THE CROSSHAIRS
    London-based lender said it has no malicious intent on Huawei and did not ensnare the company.
  • HSBC Rolls Out New Digital Account Opening System For Startups In Hong Kong
    HSBC Hong Kong
    The new service will allow SMEs in Hong Kong to open business accounts without having to physically visit branches to sign documents and submit requirements.
  • Chinese State-Backed Media Claims HSBC Might Be WIthdrawing From China
    HSBC Life China
    HSBC shut down rumors of leaving the Chinese market after a Chinese state-backed media claimed its layoff of employees is the first step of withdrawal from the market.
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