HSBC to invest $4 billion in private credit funds as it pivots from traditional lending to higher-margin opportunities.

HSBC is set to shut down its U.S. business banking portfolio as it refocuses on operations in Asia and the Middle East.

HSBC Holdings plc (NYSE:HSBC) is closing its business banking unit in the United States to simplify its operations and shift ...

HSBC Holdings Plc is exiting a business that serves small and midsize US companies, as it continues an overhaul aimed at ...

Charles Boulton, Head of Private Banking, HSBC UK, said: "We're delighted to be adopting Addepar's wealth management software platform. Providing real-time, tailored client reporting across all asset ...

The biggest UK lenders are pushing regulators to allow them each to use as much as £35 billion ($47 billion) of their retail ...

Competition between major banks to attract affluent customers has intensified, with HSBC Holdings PLC on Wednesday launching a switching incentive for new Premier customers in the UK. The promotion ...

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 ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...