HSBC lacks a competitive scale in Mexico, which is why it aims to scale down its retail business and focus on the premier clients who possess a wealthy wallet as well. The bank is not considering ...

Since Trump announced his "Liberation Day" tariffs in April, US businesses have been scrambling to address the cost of the ...

"We are happy to share this alliance," said Pablo Elek, a consumer banking manager at HSBC Mexico, during a presentation for the new Multired network. According to the Bank of Mexico, local ...

HSBC warned that loan demand and credit quality could suffer from the broader fallout of U.S. President Donald Trump's global trade war, signalling tougher times for trade-focused banks even as the ...

US Assistant Attorney General Lanny Breuer in a statement ... Japanese bank, benefiting Russians who claimed to be in the used car business The report suggested HSBC accounts in Mexico and ...

“HSBC is the largest bank in Hong Kong and has deep historical links with Hong Kong”, it said in a statement. But probably the best ... the idea of downsizing its involvement in the US and Mexico, ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC is reviewing its retail banking operations outside the UK and Hong Kong, a move that could see it ...

“The overwhelming majority of shareholders, excluding Ping An, have voted to draw a line under the debate on the structure of the bank,” a HSBC spokesperson said in a statement. Around half of ...

HSBC Holdings PLC HSBC is considering retrenching its retail operations outside the U.K. and Hong Kong, particularly in Mexico, to mitigate costs further and focus on wealthier “premier” clients.