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HSBC Holdings (NYSE:HSBC) is staring down a potential pretax loss of up to $1.6 billion after China's Finance Ministry announced a $69 billion recapitalization for four major state-owned banks ...
HONG KONG (Reuters) - HSBC's top wealth manager overseeing China will leave the role soon in an Asian leadership reshuffle, as the lender also cuts hundreds of jobs from its digital wealth project ...
The new grant provides up to $25,000 in down payment assistance for homebuyers who are buying a home with an HSBC CommunityWorks mortgage, an existing product that offers $5,000 in closing cost ...
HSBC Holdings PLC HSBC plans to close its credit card operations in China as it faces challenges ... N.A., completed the sale of its residential mortgage servicing, mortgage servicing rights ...
HSBC Holdings Plc’s head of loan syndications for Greater China, Anita So, is retiring after a 36-year career in banking, according to people familiar with the matter. Her last day with HSBC is ...
The China Securities Regulatory Commission (CSRC) has granted HSBC China a domestic fund custody licence, a step that allows the lender to boost its cross-border securities services business.
The People's Bank of China also announced a swap program with an initial size of 500 billion yuan designed to give funds, insurers and brokers easier access to funding needed to purchase stocks.
Visitors gather at HSBC's booth during the sixth China International Import Expo in Shanghai in November. PHOTO/CHINA DAILY HSBC China has completed the acquisition of Citi's retail wealth ...
HSBC China has completed the acquisition of Citi's retail wealth management portfolio in the Chinese mainland, HSBC said on Tuesday. The portfolio of investment assets and deposits, and associated ...
industry leaders said at the HSBC Global Investment Summit in Hong Kong on Monday. “The idea that China is ‘uninvestible’ is so hyperbolic psychologically, it is not just healthy scepticism ...
HSBC, which has long been bullish on China, preserved a positive outlook despite the challenging economic landscape. Chairman Mark Tucker emphasized the bank's confidence in China's economic ...