HSBC
The Latest
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HSBC Set For Third Major Overhaul In A Decade
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 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'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'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
There’s no stopping HSBC in its target of investing further on digital banking processes and fintech applications with or without a virtual license. 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
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. 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
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. 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
Business goes on in Hong Kong as banking giants brush off negative reports Business goes on in Hong Kong as banking giants brush off negative reports -
Standard Chartered Outperforms Rival HSBC With Latest Quarterly Profits
Standard Chartered managed to surprise the market given that its performance for the quarter was in stark contrast to its much larger rival HSBC. 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
Europe's largest lender said adjust pre-tax sales plunged 12 percent to $5.3 billion. 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 seen to terminate thousands of jobs globally but will continue to hire in Asia, especially in China. 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
Morgan Stanley's downgrading of Hong Kong banking stocks resulted in a dip in major indexes in the city on Wednesday. Morgan Stanley's downgrading of Hong Kong banking stocks resulted in a dip in major indexes in the city on Wednesday.