Federal Reserve Chair Jerome Powell intends to tell House lawmakers Tuesday that the central bank is 'well positioned to wait' on any interest rate adjustments until it has more clarity on how Trump ...

As for geopolitics, HSBC makes a painstaking survey of geopolitical shocks dating back to the bombing of USS Cole in 2000 and concludes that, 81% of the time, U.S. equities posted gains over the ...

The Federal Reserve is widely expected to hold rates steady at the conclusion of its policy meeting Wednesday, but the big ...

Companies are giving more consideration to opportunities outside the US because of policy upheaval under the Trump administration, said McKinsey & Co. Global Managing Partner Bob Sternfels.

Top officials from central banks and finance ministries were forced to call a timeout at a meeting of the world’s most powerful financial watchdog last week, amid clashes over the US stance on climate ...

HSBC Holdings is restructuring to prioritize high-return regions like Hong Kong, India, and the Middle East. Check out why I ...

After shutting its retail banking business in the United States in 2021, HSBC Holdings PLC HSBC is now set to close its business banking division in the country. This announcement comes amid the ...

HSBC is set to shut down its U.S. business banking portfolio as it refocuses on operations in Asia and the Middle East.

HSBC Holdings plc (NYSE:HSBC) is closing its business banking unit in the United States to simplify its operations and shift its focus to the Asia and Middle East markets, according to a report by ...

(Reuters) -HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus to Asia and Middle East markets. "Following a strategic ...

In 2021, the bank said it was withdrawing from U.S. mass market retail banking by selling some parts of the money-losing business and winding down others. It sold its Canadian business to Royal ...