ASEAN member states are expected to witness robust economic growth and development in the coming years, buoyed by shifting ...

He says the potential for growth in Asia makes restructuring east a “logical” move, adding that the shift would have also been heavily influenced by Ping An Bank, a key shareholder in HSBC, which has ...

HSBC expects Indonesian growth to pickup slightly in 2025 to 5.1% from 5% last year, as fiscal policy is supportive of growth, especially in Q1, and Bank Indonesia cuts rates to 5.25% by ...

Indonesia's resource-rich economy grew 5.02% from a year earlier in the fourth quarter of 2024, compared with a 4.95% expansion in the third quarter. That exceeded economists' expectations, with a ...

The bank, incorporated in the 1800s, has branches and subsidiaries in 62 countries across the world - but many don't know ...

Additionally, this move aligns with HSBC's previously announced plans to review its retail banking operations in Indonesia and Mexico. The bank is reportedly considering a significant reduction in ...

If you're an avid traveler at heart, then your bank account should help make your experiences abroad easier. Depending on what you need more help with — planning or on-site spending for travel ...

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When it comes to your money — checking and savings accounts, CDs ... the time to hunt them down — and park your money in a bank that may not be in your city. Your minimum deposit and term ...

The decision to scale back HSBC’s investment bank in the West, which accounts for a small proportion of the lender’s total profits, marks the latest strategy shake-up under Mr Elhedery.

As part of our ongoing efforts to simplify HSBC and increase leadership in our areas of strength, we are finalising a review of our investment banking business. HSBC spokesman The lender said it ...