Business
HSBC not exposed to the collapse of scandal-hit First Brands Group
HSBC Holdings is not exposed to the collapse of scandal-hit auto-parts supplier First Brands Group, whose bankruptcy has left some of the…
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HSBC
Business
Europe: Ferrari’s steepest fall drags Europe’s stocks, HSBC pulls parking brake
The central bank kept rates unchanged and struck a cautiously optimistic tone on the economy European stocks fell on Thursday (Oct 9),…
Business
HSBC is tackling Hong Kong’s commercial real estate crisis
For those concerned with financial stability, HSBC Holdings. is doing the right thing by taking its Hong Kong subsidiary private. But its…
Business
HSBC plans to take Hang Seng Bank private in US$37 billion deal
The firm, based in London, is known as an anchor of commerce between the Asia-Pacific region and the rest of the world HSBC Holdings is…
Business
HSBC plans to privatise Hang Seng at US$37 billion valuation
The lender plans to refrain from share buybacks in the coming three quarters as it seeks to restore its capital ratio to its operating…
Business
HSBC says it’s beaten Wall Street rivals with new quantum trial
HSBC Holdings said it’s achieved a world-first breakthrough in deploying quantum computing in financial markets, as a race intensifies…
Business
HSBC adviser who criticised the US is set to join China’s AIIB
The process is ongoing and there’s no certainty Cowper-Coles will accept the role HSBC Holdings’ former head of public affairs, who once…
Business
Cosco Shipping Holdings and Orient Overseas (International) could be hit by over US$2.1 billion in US port fees: HSBC
Chinese lines Cosco Shipping Holdings and Orient Overseas (International) could be hit by US port fees amounting to more than US$2.1…
Business
Cosco Shipping, Orient Overseas could be staring at over US$2.1 billion in US port fees: HSBC
This could erode 74% and 65% of consensus Ebit margin forecast for FY2026 for Cosco Shipping Holdings and Orient Overseas (International),…
Business
HSBC names Maggie Ng as Hong Kong CEO, predecessor to lead Hang Seng Bank
Asia-focused lender HSBC on Thursday (Sep 4) picked insider Maggie Ng as the chief executive of its Hong Kong arm, succeeding Luanne Lim…
Business
HSBC AM joins peers with private equity fund targeting wealthy
HSBC Holdings’ asset management (AM) arm is launching a private equity strategy targeting wealthy clients, the latest move by a major…
Business
HSBC fined HK$4.2 million by Hong Kong regulators over disclosure failure
has been fined HK$4.2 million (S$692,427) by Hong Kong regulators over disclosure failures, the regulators said on Tuesday (Aug 26). The…
Business
HSBC Swiss unit culls wealthy Middle Eastern clients amid regulator scrutiny: report
HSBC’s Swiss private bank has launched a cull of more than 1,000 wealthy Middle Eastern clients, as it faces scrutiny from regulators over…
Business
Wahaha heiress Kelly Zong to appeal over frozen US$1.8 billion HSBC account
China beverage heiress Kelly Zong is seeking to appeal two orders imposed on her over the US$1.8 billion assets held in an HSBC Holdings…
Business
HSBC plans major global expansion of office, staff surveillance, documents show
HSBC plans to step up surveillance of staff and buildings by adding more cameras and biometric access to its premises globally, internal…
Business
HSBC first-half profit falls 26%, misses estimates
Holdings reported a 26 per cent slide in first-half pretax profit on Wednesday, missing analyst estimates, as a US$2.1 billion impairment…
Business
HSBC first-half profit slumps 26% as China losses mount
HSBC Holdings reported a 26 per cent slide in first-half pretax profit on Wednesday (Jul 30), missing analyst estimates, as impairments…
Lifestyle
HSBC launches pioneer health and wellness centre; selects Raffles Medical as operator
HSBC Singapore announced on Monday (Jul 28) the launch of its first health and wellness centre in Singapore, which is located within its…
Business
HSBC cuts equities team in Germany as CEO Elhedery continues revamp
Europe’s largest financial institution has already culled dozens of analysts in its investment bank in the last couple of months Holdings…
Business
HSBC cuts equities team in Germany as CEO Georges Elhedery continues revamp
Europe’s largest financial institution has already culled dozens of analysts in its investment bank in the last couple of months Holdings…
Business
HSBC Global Private Banking appoints new senior leadership across S-E Asia, Australia markets
HSBC Global Private Banking announced on Tuesday (Jul 22) a series of senior appointments to deepen its coverage across South-east Asia,…
Business
HSBC renews hunt for board chair amid struggle to fill shortlist: FT
is refreshing its search for a new board chairman, the Financial Times reported on Saturday (Jul 19). The development came after the bank…
Business
HSBC renews hunt for board chairman amid struggle to fill shortlist: FT
is refreshing its search for a new board chairman, the Financial Times reported on Saturday (Jul 19). The development came after the bank…
Business
Dollar-selling is becoming a bubble, which may burst, HSBC says
Relentless US dollar-selling is starting to look like a bubble – and, like all bubbles, it will eventually pop, according to HSBC Holdings…