MADRID (MarketWatch) -- HSBC on Wednesday cut its growth forecasts for China, citing faster reform moves that could hurt growth, along with weaker-than-expected data flows. Qu Hongbin, chief ...

U.S. giant Citibank and HSBC Holdings Plc, the world's two biggest banks by market value, have become the first foreign lenders to get their feet in the door of China's credit card industry.

HSBC on Tuesday upgraded its forecast for China's 2025 GDP growth to 4.8% from 4.5%. ... A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico June 14, 2024.

He predicts that up to 8.2 million EVs will be sold in 2023 and 12.6 million per year by 2025. By 2030, he is expecting 22.6 million EV sales per year and he has raised his forecast on higher ...

LONDON (MarketWatch) -- HSBC Holdings PLC (HSBA.LN) and the Bank of Communications Co. Ltd. (BoCom) said Wednesday that they are in advanced discussions to ...

HSBC plans to accelerate the expansion of its wealth business in China despite economic headwinds and is on track to nearly double its headcount by next year, its global wealth head said, as the ...

HSBC has agreed to buy out its China fund management joint venture partner, ... HSBC's logo is seen on its headquarters in Hong Kong, China August 4, 2020.

HSBC has carved out a lucrative role in global banking over the past 155 years by straddling the line between East and West. Now, a political firestorm over the bank’s hometown of Hong Kong ...

HSBC just posted a record quarter, sending its London-listed shares up 5% in recent trading. China is a big reason why. The lender splits its business into three divisions: commercial lending ...

HSBC posted a big drop in quarterly profit Wednesday after taking a $3 billion hit on its stake in China’s Bank of Communications (BoCom) and another charge related to exposure to the country ...

HSBC has unveiled a sweeping overhaul of the bank by splitting it into East and West, raising fears the move could lead to less scrutiny of its operations in China and Hong Kong. New chief ...

The HSBC logo on its building at the financial Central district in Hong Kong, China, August 4, 2020 [File: Tyrone Siu/Reuters] Published On 22 Jul 2022 22 Jul 2022.