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 ...

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HSBC’s profits have soared as it continues to cut costs and cash in on high interest rates around the world. Europe’s biggest bank said Tuesday that pre-tax profit grew by $4.1 billion to $8.8 ...

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 ...

Learn about our Financial Review Board In 2012, HSBC Holdings (HSBC), one of the world's largest global banks, was hit with a $1.9 billion fine for, most notably, serving as a conduit for Mexican ...

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 ...

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.

In 2012, HSBC was fined $1.9bn and entered into a Deferred Prosecution Agreement for facilitating the laundering of money by the Mexican drugs cartel headed by Joaquín “El Chapo” Guzmán.

Earlier in the week, HSBC laid off 40 employees in the division, which is known as business banking. HSBC also announced the decision to the business bank’s roughly 4,400 clients, firms that ...

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 ...