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London-headquartered HSBC, which makes the bulk of its revenue in Asia, had about one million users of its credit cards in China by September 2019, data from company releases show.
Shares of HSBC Holdings (HSBC, 0005.HK) are moving lower Wednesday morning as the universal bank took a $3 billion hit from its operations in China, taking its quarterly profit down 80%. In ...
HSBC has unveiled a sweeping overhaul of the bank by splitting it into East and West, raising fears the move could lead to less scrutiny of its operations in China and Hong Kong. New chief ...
HSBC teams up with China Golf to push the sport. LONDON ... Regular data-led insight reports from Campaign Red, our new global insights and data intelligence tool; Subscribe now. Subscribe.
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 ...
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 ...
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, ...
HSBC is retreating from its struggling credit card business in China, ceasing new card issuance and planning to wind down services for most onshore customers. Regulatory challenges, high client ...
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, ...
Total card issuance grew in six consecutive years to reach a peak of 800 million in 2021, and dropped to 767 million by 2023, data from Insight & Info Consulting shows. HSBC also grappled with ...
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, ...
The move marks a reversal to the bank's ambition to rapidly grow the China credit card business after launching it in late 2016 as part of its Asia pivot and expansion of its retail banking and wealth ...
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