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LONDON, Jan 23 (Reuters) - HSBC's (HSBA.L), opens new tab decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with the matter said ...
HSBC’s profits have soared as it continues to cut costs and cash in on high interest rates around the world. Europe’s biggest bank said Tuesday that pre-tax profit grew by $4.1 billion to $8.8 ...
HSBC finds itself in an unusual position: It is now a hot stock. On Monday, the bank's shares in Hong Kong hit a fresh four-year high. The stock has soared 34% this year, far outpacing the broader ...
HONG KONG/LONDON, April 17 (Reuters) - HSBC's (HSBA.L), opens new tab biggest shareholder Ping An is likely to vote in favour of splitting the bank up at its annual investor meeting on May 5 ...
HSBC's headquarters in Canary Wharf, London. The bank is one of the largest in Europe. (Betty Laura Zapata/Bloomberg News) Two of Europe’s largest banks set aside more money for soured loans ...
A top executive at HSBC has apologized after reportedly calling the UK government “weak” for caving to US pressure over doing business with China, in another sign of the political tightrope ...
Europe's largest lender HSBC's first-quarter results on Tuesday beat estimates on the back of robust performance of its wealth business as well as strength in its corporate and institutional ...
British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses — and denied giving them their annual payout, according to a report.
HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the U.K. and the U.S. amid a broader overhaul of its investment banking operations. "As part of our ongoing ...
HONG KONG (Reuters) -HSBC said on Tuesday that its stake in Bank of Communications (BOCOM) will drop to about 16% from 19.03%, and it will book a loss of up to $1.6 billion as a result of the ...
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