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LONDON (Reuters) -Europe's biggest bank HSBC will inject $4 billion into its private credit funds, amid a wider push by banks into the booming market as profits from traditional lending have come ...
HONG KONG/LONDON, April 17 (Reuters) - HSBC's (HSBA.L), opens new tab biggest shareholder Ping An is likely to vote in favour of splitting the bank up at its annual investor meeting on May 5 ...
HSBC’s biggest shareholder has called on the bank to create a separately listed Asian business headquartered in Hong Kong to fix what it sees as a lack of competitiveness. “It is necessary for ...
HSBC finds itself in an unusual position: It is now a hot stock. On Monday, the bank's shares in Hong Kong hit a fresh four-year high. The stock has soared 34% this year, far outpacing the broader ...
HSBC announced it had tripled its quarterly profit Tuesday, blowing past expectations as it benefited from high interest rates around the world. Europe’s biggest bank recorded a whopping $12.9 ...
HSBC declined to comment, 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.
HSBC's headquarters in Canary Wharf, London. The bank is one of the largest in Europe. (Betty Laura Zapata/Bloomberg News) Two of Europe’s largest banks set aside more money for soured loans ...
British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses — and denied giving them their annual payout, according to a report.
HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the U.K. and the U.S. amid a broader overhaul of its investment banking operations. "As part of our ongoing ...
HONG KONG (Reuters) -HSBC said on Tuesday that its stake in Bank of Communications (BOCOM) will drop to about 16% from 19.03%, and it will book a loss of up to $1.6 billion as a result of the ...