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LONDON, June 3, 2025 /PRNewswire/ -- HSBC UK Private Banking is the first major UK bank to adopt Addepar's leading software platform designed specifically for wealth managers. This follows ...
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 ...
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 ...
HSBC has been at the heart of the UAE’s financial ecosystem for nearly eight decades since opening its doors as the first bank in the Emirates in 1946, and the country continues to play a ...
For the HSBC Premier checking account, you need to have at least $100,000 in total deposits and/or investments with the bank, at least $5,000 in total direct deposits per month or a HSBC U.S ...
HSBC stock hit a 20-year high in London on Tuesday, up 40% over the past 12 months and 14% this year. Shares dipped 0.8% to £8.91 on Wednesday, valuing the bank at about £160 billion ($201 billion.) ...
The restructuring also follows HSBC’s acquisition of Silicon Valley Bank UK in 2023, which had raised hopes of a focus on tech-driven investment banking. However, the withdrawal from ECM and M&A ...
HSBC is reviewing its retail banking operations outside the UK and Hong Kong, a move that could see it substantially scale back operations in countries including Mexico, as it seeks further cost cuts.
HSBC Holdings posted better-than-expected results as revenue at its wealth unit surged. The British bank also announced another $3 billion stock buyback after completing the previous one.
HSBC’s new chief executive, Georges Elhedery, outlined plans for a major overhaul of the London-headquartered bank Tuesday, which will see leadership divided into separate Eastern- and Western ...
HSBC's new boss has announced a major overhaul of the bank's structure, splitting geographically into eastern and western markets amid increasing geopolitical tensions and a need to cut costs.
Last year, investors rejected a plan backed by Ping An, a Chinese insurer and one of HSBC’s biggest shareholders, for the bank to separate its Asia operations. Mr. Elhedery said the changes had ...