Read about Apple’s new iPhone, BE Semiconductor Industries, Baidu, and more in the latest Market Talks covering Technology, ...

HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly on ...

Philips Capital, Maybank and DBS Group Research have raised their target price while HSBC Global Research and UOB Kay Hian ...

CEO Georges Elhedery has shaken up structure and leadership since taking over in September to focus on areas of strength ...

The London-based bank’s chief executive is concentrating on streamlining the lender’s businesses and reducing costs.

HSBC Holdings PLC (LON:HSBA) posted a 6.6% rise in annual profit, driven by gains from its wealth management and trading ...

Hang Seng Bank is well capitalized and in solid financial shape. Even after recording large provisions in 2022 and 2023 for its exposure to mainland China commercial real estate, its common equity ...

HSBC Holdings PLC HSBC has agreed to sell its retail banking operations in Bahrain to the Bank of Bahrain and Kuwait (BBK) in ...

The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...

HSBC (HSBC), the Hong Kong- and U.K.-focused bank, expects to pay $1.8B over two years in severance and other up-front costs ...

Shares of Singapore's United Overseas Bank, or UOB , hit a record high on Wednesday after it posted a 9% rise in ...

HSBC , has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as ...