Nearly 40 per cent believed AI was an ‘overhyped profit driver’, according to HSBC’s survey of high-net-worth investors.
HSBC is under growing pressure to explain its refusal to pay out the savings owed to people who fled Hong Kong to escape a ...
HSBC issued no bonuses to axed investment bankers, despite letting them go on the day they were set to learn their pay award ...
The Fed is seen cutting rates again by midyear, while Hong Kong banks may lower their prime rates by 0.125 percentage points.
HSBC has named Kanas Chan as the new head of global private banking for North Asia and Hong Kong, with her tenure commencing on 14 April 2025. Chan, with three decades of experience in wealth ...
The bank in its statement said it would cuts ... % following the earnings release. On Tuesday, HSBC dismissed about 40 investment bankers in Hong Kong, Reuters reported. The sectors hit hardest ...
HSBC has been accused of ‘shrugging ... of the All-Party Parliamentary Group on Hong Kong, said: ‘These are British customers of a British bank who are being denied their life savings. ' ...
Major banks followed, with HSBC maintaining its best lending rate in Hong Kong at 5.25%, and Standard Chartered Bank keeping its ... opens new tab in a statement on Thursday.
HSBC HOLDINGS (00005.HK) CEO Georges Elhedery said in a results conference call that there is no target number of layoffs set by the bank, and that the reduction in ...