HSBC Holdings Plc said it expects to record a pretax loss of as much as $1.6 billion as China’s Finance Ministry recapitalizes Bank of Communications Co. and diluted the London-based lender’s stake in ...

HSBC Holdings (NYSE:HSBC) is staring down a potential pretax loss of up to $1.6 billion after China's Finance Ministry announced a $69 billion recapitalization for four major state-owned banks ...

HSBC CEO Georges Elhedery said that estimate was based on a range of “adverse but plausible downside scenarios” from the ...

HONG KONG, April 29 (Reuters) - HSBC said on Tuesday that its stake in ... bank's fundraising by private placement of shares. Four of China's largest state-owned banks, including BOCOM, said ...

HONG KONG (Reuters) - HSBC's top wealth manager overseeing China will leave the role soon in an Asian leadership reshuffle, as the lender also cuts hundreds of jobs from its digital wealth project ...

HONG KONG (Reuters) -HSBC said on Tuesday that its stake in Bank of Communications (BOCOM) will drop to about 16% from 19.03% ...