News

HSBC’s stock (NYSE: HSBC) fared reasonably well this year, rising by about 9% since early January. This compares to rival JP Morgan (NYSE: JPM) which remains up by about 5% over the same ...
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 ...
HSBC shares rose premarket despite a 13% revenue drop Y/Y due to divestments; constant currency revenue excluding items grew 7%. The bank announced a new $3 billion share buyback after completing ...
HSBC is rolling out the biggest overhaul to its online banking app for over a decade for its seven million banking customers. The major high street bank has redesigned its banking app and will be ...
HSBC is in news and not for good reasons. The bank has recently laid off employees working at the mid-senior level (vice-president and above), a report by The Financial Times said. The employees ...
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 fired investment bankers on the day they were due to learn their bonus figures and gave no bonuses to many it let go, in a sign of how the bank is taking a more ruthless approach to costs ...
HSBC Holdings Plc is considering outsourcing part of its sprawling trading business as executives struggle to justify making technology investments needed to keep up with larger rivals. Europe’s ...
HSBC Holdings’ HSBC U.K. division, HSBC UK Bank plc, has announced the sale of its private client trust business – HSBC Trust Company (UK) Limited – to Ludlow Trust. The financial terms of ...
HSBC has implemented a significant change to its current accounts, with customers being alerted. The change by the high street bank could result in some individuals losing access to a popular ...
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 ...
The EU General Court on Wednesday upheld a fine slapped on HSBC for online trader collusion with other banks to manipulate euro interest rate derivatives, dismissing a procedural challenge against ...