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 ...

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

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 is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the ...

HSBC agrees to offload its retail banking operations in Bahrain, excluding its corporate and private banking businesses, amid ...

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 ...

HSBC has confirmed plans to cut jobs worldwide as part of an effort to reduce costs by £1.2 billion by the end of 2026. The ...

Private insurers saw a surge in retail sum assured by 41 per cent YoY in 9M FY2025 (30 per cent in FY2024), higher than the retail NBP growth of 17 per cent (7 per cent in FY2024).

HSBC Malta said it achieved record financial results due to revenue growth, recoveries on expected credit losses and focused ...

Europe needs a more flexible financial market to finance innovation and growth. Closing the gap to a buoyant and deregulating ...