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 ...

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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 under pressure.

HSBC is exiting its business banking portfolio in the United States, ... [1/2] A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico June 14, 2024.

HSBC is disbanding a division that serves small and medium-size companies in the U.S., part of a push to focus on markets where it has an edge.

The HSBC logo on its office in Hong Kong. | Credit: 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 ...

Investing.com -- HSBC has recently begun reducing its services for small and medium-sized businesses in the U.S., according to The Wall Street Journal, citing a company representative.

While small in the context of HSBC's $3 trillion balance sheet, the move is part of CEO Georges Elhedery's strategy to drive up revenue in higher-returning areas like private credit rather than ...