News

The decision to leave the Net-Zero Banking Alliance sees it join global peers including JPMorgan, Citi, Morgan Stanley, ...
HSBC Asset Management has launched five funds as it enters the active ETF market. The company said the exchange traded funds use a “quantitative driven investment approach”.
HSBC is disbanding a division that serves small and medium-size companies in the U.S., part of a push to focus on markets where it has an edge.
HSBC Holdings on Thursday said it launched Hong Kong’s first blockchain -based settlement service, marking a step forward for fintech development in the city that will allow for secure and quick ...
HSBC has announced a multibillion-dollar share buyback plan despite a decline in profits and revenue. The bank stated that economic uncertainties are weighing on business growth, expecting a low ...
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.… ...
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 ...
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, ...
HSBC's history-making new chief financial officer Pam Kaur is a battle-hardened risk and audit veteran who credits her success to the "Power of Chi".
HSBC is also at the front line of trade tensions between the West and China. The bank is listed in London but makes most of its money in Asia.
HSBC, Europe's largest bank, says that CEO Noel Quinn plans to retire after serving nearly five years in the post.