(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 ...

will be unable to renew their cards upon expiry. Such clients account for a significant portion of the business in the nation. This move signifies the obstacles faced by HSBC in expanding its ...

The HSBC credit card will debut in Hong Kong for private ... who often live busy global lives to pursue their personal and business ambitions. Our clients choose us not only because of our deep ...

HSBC has launched a Corporate Card for customers in the United Arab Emirates (UAE), to help customers in managing their travel and entertainment expenses. The Card offers the reach of MasterCard ...

As the travel segment grows, the competition in the travel credit card category is picking up. Some banks have rolled out travel-centric credit cards. Earlier, we had the American Express Platinum ...

The lender has struggled to grow the business and make it profitable ... The bank’s “standalone” credit card clients who do not use HSBC banking services in China will not be able to have ...

HSBC pulling back from unprofitable China credit card business Competition and regulatory restrictions hindered prospects Pullback will follow failed attempts to sell the business Nov 29 (Reuters ...

The HSBC credit card will debut in Hong Kong for private ... including companion first or business class tickets, lounges, airport limousine transfers, and hotel night stays, and Exceptional ...

Reuters report says the lender has been struggling to grow its business and make it profitable, eight years after its launch in China. HSBC Holdings’ gross carrying amount in the credit card ...