News

HSBC’s biggest shareholder has called on the bank to create a separately listed Asian business headquartered in Hong Kong to fix what it sees as a lack of competitiveness. “It is necessary for ...
HSBC warned Monday that China’s property market has “potential for a further deterioration” as it reported profits that fell short of expectations, partly because of a $500 million charge to ...
LONDON, Jan 23 (Reuters) - HSBC's (HSBA.L), opens new tab decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with the matter said ...
HSBC still has "some stuff going on in there ... particularly with the British bank's emblem displayed on top. However, it's also the only building on the entire block bordered by Washington ...
Global stock indexes edged higher on Thursday, while U.S. Treasury yields declined slightly after a series of U.S. economic reports suggested ebbing momentum. Marketscategory Brazil's Lula signs ...
Europe's largest lender HSBC's first-quarter results on Tuesday beat estimates on the back of robust performance of its wealth business as well as strength in its corporate and institutional ...
British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses — and denied giving them their annual payout, according to a report.
HSBC has created a loan designed to help businesses handle the cost of tariffs. HSBC TradePay for Import Duties is an extension of an already existing program. Businesses have been scrambling to ...
LONDON (Reuters) -HSBC has launched a new financing tool for U.S. clients to pay import duties following the imposition of sweeping tariffs by President Donald Trump on April 2, which drew ...
HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the U.K. and the U.S. amid a broader overhaul of its investment banking operations. "As part of our ongoing ...
CEO Georges Elhedery said HSBC stands to benefit from a reconfiguration of global trade. (Lam Yik/Bloomberg News) World trade isn’t grinding to a halt but it is changing shape, according to the ...
First Citizens BancShares, which acquired the failed Silicon Valley Bank after the federal government seized the firm in March, is suing British banking giant HSBC for allegedly illegally hiring ...