HSBC’s financials have remained fairly strong. The major banking institution announced earnings for Q1 2025 that exceeded ...

When HSBC announced the shrinking of its ECM and M&A businesses it didn’t mention research and many at the bank suggested it ...

HSBC Global Private Banking has shifted its investment stance to overweight on US equities, attributing the move to the accelerating adoption of artificial intelligence (AI) across various sectors and ...

After shutting its retail banking business in the United States in 2021, HSBC Holdings PLC HSBC is now set to close its ...

The study, conducted by Ipsos UK on behalf of HSBC Global Private Banking across ten markets—including the U.S., UK, Switzerland, China, and UAE—surveyed 1,798 HNW and UHNW business owners who ...

Profit in global banking and markets rose nearly ... of $0.21 a share for the disposal of its Canadian business. Elhedery, a career HSBC insider promoted from the CFO role, has moved faster ...

HSBC has evolved ... returns since the global financial crisis. In 2018, HSBC ringfenced its retail operations in the UK from its London-based institutional business into Birmingham-based HSBC ...

Net interest income for Q3 2024 fell to $7.6 billion, down about $1.6 billion from the prior year, partly due to business disposals. In contrast, elevated interest rates in 2023 enabled HSBC to ...

HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus to Asia and Middle East markets.

After shutting its retail banking business ... Global Network Banking Business. The move aligns with the bank’s ongoing overhaul of its dealmaking and corporate advisory activities in the West ...

HSBC has evolved ... returns since the global financial crisis. In 2018, HSBC ringfenced its retail operations in the UK from its London-based institutional business into Birmingham-based HSBC ...

The bank will close a division that serves over 4,000 clients HSBC will exit a business that serves small and midsize US companies as part of its strategic overhaul to simplify operations and focus on ...