HSBC, Standard Chartered Bank ... apps such as Alipay or WeChat Pay so that they can shop and dine in mainland China, according to separate statements from the three lenders.

The latest strategy shift comes after some shareholders in Asia argued that the £146bn bank should relocate to China and reduce its focus on London. Tensions led to Chinese insurer Ping An, HSBC ...

HSBC on Wednesday said it aims to save $1.8 billion in costs by the end of next year, as its new CEO revamps the bank to ...

“Large banks may follow HSBC,” said Eric Tso Tak-ming, chief vice-president of mortgage broker mReferral. In September, Bank of China (Hong Kong) and Standard Chartered launched similar plans ...

HSBC Holdings PLC (HSBC) (GB:HSBA) is reportedly poised to save $1.5 billion as CEO Georges Elhedery accelerates his bold restructuring efforts. As reported by the Financial Times, the bank is set ...

HSBC downgraded Sands China (SCHYY) to Hold from Buy with a HK$19 price target Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make ...

HSBC has unveiled plans to slash chunks of its investment bank across Europe and America, as bosses seek to focus increasingly on China. Europe’s biggest bank has told staff it plans to axe ...

The limited edition pieces, which are all functional, are displayed in a room painted in Farrow & Ball “Earth,” a mustard-like color Toogood created for the buzzy British paint brand. All are ...

An employee trains a humanoid robot at the nation's first training ground for heterogeneous humanoid robots in Shanghai on Tuesday. CHEN MENGZE/FOR CHINA DAILY China has unveiled its first ...

Geopolitical tensions came to a head for HSBC in May 2023 when its then-biggest shareholder Ping An Insurance of China lobbied for the bank to spin off its Asian business, a proposal ultimately ...

LONDON (Reuters) -HSBC plans to wind down its M&A and some ... News of the plan on the eve of China's Lunar New Year, has sent shockwaves round the lender. One senior banker, who spoke on ...

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