The RBA's monetary policy board decides to decrease the cash rate by 0.25 of a percentage point, to 3.85 per cent. It is the ...

Inflation has stayed within the bank's target range since August 2024, and prompted the RBA to cut rates in February. The central bank said it was "cautious" about its outlook, pointing out that ...

British financial services company HSBC Holdings Plc is considering business development options in Australia, including the potential sale of consumer banking services as part of a reduction in ...

HSBC posted annual profit on Wednesday ... business line or balance sheet,” Elhedery said in the bank’s earnings statement. “This will enhance the way we actively and dynamically manage ...

SYDNEY: HSBC Holdings Plc is studying options for its consumer banking business in Australia including a potential sale as the bank looks to further slim down its operations, according to people ...