(This version of the April 9 story corrects paragraph 6 to say mainland China retail bank unit made $44 million loss in 2017, removes incorrect year-on-year comparison) LONDON (Reuters ...

(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 makes most of its money from Asia, after recording more than $16bn in profits from China and Hong Kong last year – more than half of the $30bn recorded group wide. The UK only accounted for ...

The bank’s “standalone” credit card clients who do not use HSBC banking services in China will not be able to have cards renewed upon expiry, it reported, citing a source.

Hong Kong CNN — HSBC posted a big drop in quarterly profit Wednesday after taking a $3 billion hit on its stake in China’s Bank of Communications (BoCom) and another charge related to exposure ...

Shares in the U.K.-based lender UK:HSBA HSBC, which makes most of its earnings in Asia, fell 7% after saying it would take a $3 billion impairment on its stake in China’s Bank of Communications.

(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-largest ...

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-largest economy, ...