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"All of this pessimism about China is not justified by on-the-ground facts." HSBC, Hong Kong's biggest commercial bank, is hosting the city's largest investment conference this week, having taken ...
HSBC Holdings Plc said it expects to record a pretax loss of as much as $1.6 billion after China’s Finance Ministry ... Officer Pam Kaur said on a conference call with journalists.
Liao announced HSBC’s move at Sibos, an annual global conference organised by Swift that was being held for the first time in mainland China. HSBC is a dominant player in the global market for ...
(Reuters) - HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second ...
HSBC Holdings Plc will retain Sherard Cowper-Coles, the public affairs executive who apologized for criticizing the UK’s stance on China and igniting fresh scrutiny of HSBC’s engagement with ...
China's deepening real estate crisis has had a ripple effect on global banks with exposure to the world's No 2 economy, with HSBC taking the largest writedown so far among foreign peers.
(HSBC/Handout) HSBC just posted a record quarter, sending its London-listed shares up 5% in recent trading. China is a big reason why. The lender splits its business into three divisions ...
BEIJING (Reuters) - HSBC on Tuesday upgraded its forecast for China's 2025 GDP growth to 4.8% from 4.5%. The bank also revised up its forecast for China's growth in 2026 to 4.5% from 4.4%.