HSBC

The Latest

  • HSBC Set For Third Major Overhaul In A Decade
    HSBC Overhaul
    HSBC is expected to reveal its major overhaul strategy on Tuesday, which will include a massive management reshuffle and significant changes to its global operations.
  • HSBC Private Bank Pays $192.4 Million To Settle US Tax Evasion Case
    HSBC Private Bank
    HSBC's Swiss private bank has agreed to pay $192.4 million in penalties and forfeiture to settle a more-than-decade long tax evasion investigation by US authorities.
  • HSBC Ramps Up Investments In Digital Banking And Fintech
    HSBC
    There’s no stopping HSBC in its target of investing further on digital banking processes and fintech applications with or without a virtual license.
  • Hong Kong Property Stocks Break Losing Streak Amid Lowered Rates
    Hong Kong Stocks
    The increase in share prices of property stocks in response to the recent rate cuts have managed to break the two-day losing streak in Hong Kong.
  • Hong Kong's Three Currency Issuing Banks Cut Rates To Support Local Economy
    Hong Kong Banks
    HSBC, the Bank of China Hong Kong, and Standard Chartered Bank announced that they will be lowering their prime rates in line with the recent move by the Hong Kong Monetary Authority.
  • Banking Giants Say Hong Kong Still Attracts Foreign Investors
    STANDARD CHARTERED
    Business goes on in Hong Kong as banking giants brush off negative reports
  • Standard Chartered Outperforms Rival HSBC With Latest Quarterly Profits
    Standard Chartered
    Standard Chartered managed to surprise the market given that its performance for the quarter was in stark contrast to its much larger rival HSBC.
  • HSBC Holdings Fails To Hit Third Quarter Profits Goal
    HSBC
    Europe's largest lender said adjust pre-tax sales plunged 12 percent to $5.3 billion.
  • Cost-Cutting Pushes HSBC To Pull Out 3 Equity Ventures; Confident About China
    HSBC
    HSBC seen to terminate thousands of jobs globally but will continue to hire in Asia, especially in China.
  • Hong Kong Banking Stocks Dip Following Morgan Stanley Warnings
    Hang Seng Index
    Morgan Stanley's downgrading of Hong Kong banking stocks resulted in a dip in major indexes in the city on Wednesday.
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