"Clearly falling short." Bank faces backlash after helping raise more than $1 billion for controversial venture: 'Keeping its ...

With assets of US$2,990bn at 31 March 2023, HSBC is one of the world’s largest banking and financial services organizations For more information visit www.hsbc.ca or follow us on Twitter: @hsbc ...

HSBC’s biggest shareholder has called on the bank to create a separately listed Asian business headquartered in Hong Kong to fix what it sees as a lack of competitiveness.

Silicon Valley Bank’s British subsidiary will be acquired by the banking giant HSBC, the Bank of England announced on Monday as it emphasized the stability of the nation’s banking system.

HSBC main building in Hong Kong’s financial district. In February, the bank pushed back its goal to become net zero across its operations and supply chains by two decades to 2050.

After shutting its retail banking business in the United States in 2021, HSBC Holdings PLC HSBC is now set to close its business banking division in the country. This announcement comes amid the ...

Top shareholder of HSBC renewed its call for breaking up of the Asia-focused bank on Tuesday, saying the lender has failed to address key business model challenges which has resulted in ...

HSBC, which is headquartered in London, said in a statement that SVB UK had deposits totalling about £6.7 billion, or about $8 billion. The bank has loans totalling about £5.5 billion and had a ...

Silicon Valley Bank UK had 5.5 billion pounds of loans and 6.7 billion pounds of deposits as of March 10, 2023, per HSBC. It recorded a profit before tax of 88 million pounds in 2022.

HSBC stock hit a 20-year high in London on Tuesday, up 40% over the past 12 months and 14% this year. Shares dipped 0.8% to £8.91 on Wednesday, valuing the bank at about £160 billion ($201 billion.) ...

HSBC also named former Deutsche Bank executive Adam Bagshaw, who joined HSBC in 2020, as global head of investment banking. His role sits within the bank’s corporate and institutional banking ...

“HSBC Holdings plc has informed HSBC Malta that there is no preferred offeror and that the process remains at an early stage,” the bank statement reads. The creation of the virtual data room and the ...