LONDON (Reuters) -Europe's biggest bank HSBC will inject $4 billion into its private credit funds, amid a wider push by banks into the booming market as profits from traditional lending have come ...

HSBC has appointed its Chief Financial Officer Georges Elhedery as its next CEO, the bank said Wednesday. Lebanon-born Elhedery, 50, who becomes the bank’s third chief executive in less than ...

LONDON, Feb 19 (Reuters) - HSBC (HSBA.L), opens new tab is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the economy, the bank ...

LONDON, UNITED KINGDOM - 2025/04/04: General view of HSBC headquarters in Canary Wharf. (Photo by ... More Vuk Valcic/SOPA Images/LightRocket via Getty Images) HSBC’s stock (NYSE: HSBC ...

HSBC declined to comment, In 2021, the bank said it was withdrawing from U.S. mass market retail banking by selling some parts of the money-losing business and winding down others.

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.

There’s a saying on Wall Street that just because something is cheap doesn’t mean it can’t get cheaper, and that’s basically what HSBC said about UnitedHealth Group Inc.’s stock in a ...

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 ...

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 ...

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 ...

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 ...

HSBC’s financials have remained reasonably strong in recent quarters. In Q3 2024, pre-tax profits rose to $8.5 billion, up about 6% from the previous year, while HSBC revenues increased 5% year ...