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 under pressure.

The Hong Kong branch of global investment bank HSBC was acquitted in a first-instance trial on charges of 'illegal short selling.' This case was the first instance of a global investment bank ...

Deutsche Bank downgraded HSBC (HSBC) to Hold from Buy with a price target of 910 GBp, up from 830 GBp. The firm expects any incremental restruct ...

LONDON (Reuters) -HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday, accelerating a shift to Asia in its biggest retrenchment from ...

HSBC’s financials have remained reasonably strong in recent quarters. In Q3 2024, pre-tax profits rose to $8.5 billion, up about 6% from the previous year, while HSBC revenues increased 5% year ...

BofA reinstated coverage of HSBC (HSBC) with a Buy rating and 960 GBp price target The investment case rests on “robust” Wealth revenue growth, ...

British financial giant HSBC announced a new consolidation of its operations on Tuesday into four geographical branches in its restructuring.

HSBC, Europe's largest bank, says that CEO Noel Quinn plans to retire after serving nearly five years in the post.

HSBC logo is seen in this illustration. (Photo source: Reuters) HSBC is selling its business in Argentina and booking a $1 billion loss on the deal, the bank said on Tuesday, as it continues to ...

HSBC said Wednesday it achieved "record profit" in 2023 as pre-tax gains soared by nearly 80 percent, with the banking giant also announcing further share buybacks. HSBC logo is seen in this ...

HSBC’s profits have soared as it continues to cut costs and cash in on high interest rates around the world.