Benny Aroeman has also worked in DBS, HSBC, and Deutsche Indonesia previously. Citi has named Benny Aroeman as head of ...

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. It sold its Canadian business to Royal ...

HSBC HSBA0.09%increase; green up pointing triangle Chairman Mark Tucker will step down this year, kicking off a hunt for a leader who can steer the Asia-focused bank through a trade war that ...

On Thursday, HSBC analyst Weldon Sng upgraded Bank Rakyat Indonesia Persero Tbk PT (BBRI:IJ) (OTC:BKRKF) stock from Hold to Buy, adjusting the price target to IDR4,550.00, up from IDR4,200.00.

Bloomberg Dubai: The HSBC Group’s 2024 profit before tax rose a handsome $2 billion to $32.3 billion as the banking giant makes steady progress on an ambitious reworking of its operations and ...

HSBC on Tuesday agreed to sell its retail banking operations in Bahrain to Bank of Bahrain and Kuwait (BBK) amid a global restructuring at the bank. The deal will see a transfer of retail loans ...

HSBC is also reviewing its position in countries such as Malaysia and Indonesia where executives think it would also better benefit from focusing on premier banking rather than mass-market customers.

PT Bank HSBC Indonesia, PT Bank Central Asia Tbk, PT Bank Danamon Indonesia Tbk, PT Bank Maybank Indonesia Tbk, PT Bank Mandiri (Persero) Tbk, PT Bank Negara Indonesia (Persero) Tbk, PT Bank OCBC NISP ...

OCBC Indonesia now owns 100 per cent of PTBC’s shares, making PTBC a wholly owned subsidiary of PT Bank OCBC NISP (OCBC Indonesia). The acquisition brings more than 1.2 million PTBC customers to ...

HSBC Holdings Plc, Standard Chartered Plc and Bank of America Corp. are among the banks seeking to participate in Indonesia’s first early coal retirement deal, a signal that big lenders are ...

HSBC has been fined £57.4 million by the Bank of England’s Prudential Regulation Authority for “serious failings” over customer deposit protection – the second highest penalty ever ...

HSBC is scrambling to fix a digital outage that has left thousands of UK customers unable to access banking services on Black Friday. The bank has apologised to customers and said it is working to ...