HSBC

London-headquartered and Shanghai Banking Corporation, or HSBC, is one of the world's biggest financial institutions. Founded on 1865 in Hong Kong, it is now the second largest bank in Europe, just behind BNP Paribas.
See below for the Latest HSBC News, Analysis, Profit Results, Share Price Information, and Commentary.

HSBC enhances entrepreneurial wealth proposition in Hong Kong

It has launched two programmes to support businesses and private banking clients.
1 day ago

Hang Seng Bank restructures business, will cut 1% of core staff: report

An earlier report said that the bank is cutting 10% to 50% of staff in some teams. 

HSBC Global Private Banking names Kapil Khanna as desk head for three markets

Khanna was head of international investment counselling in HSBC.

HSBC group chairman Mark Tucker announces retirement

The HSBC board has commenced the process to select a successor, it said.

HSBC Singapore unveils wealth centre at The Star Vista mall

Premier customers can enjoy complimentary refreshments at the adjacent café.

HSBC’s Yvonne Yiu says the future of payments is instant

She credits her propensity to ask questions for becoming one of HSBC’s top leaders.

HSBC Singapore unveil entertainment platform for Premier Mastercard clients

It offers preferential and exclusive access to certain shows.

Hang Seng Bank welcomes HK budget initiatives

Meanwhile, HSBC’s CIO expects AI to benefit from the announced plans.

Thai banks told to use dynamic pricing

They are struggling because their pricing strategy is not transparent and too reactive.

HSBC’s profits rise in FY2024; total dividend is $0.87

The fourth interim dividend is $0.36 per share.

HSBC sells Bahrain retail banking business

It expects to complete the transaction in Q4 2025.

HSBC cuts Philips’ currency transactions in China

‘Netting’ cut Philips’ cross-border transactions from 4,000 yearly to just one a month.

HSBC, Delta Capita collaborate on post-trade services

Delta Capita established operational hubs in Kuala Lumpur and Manila.

HSBC clinches Citi banker to head int’l wealth hub in Singapore

Chin brings 22 years of experience in wealth management and retail banking.

HSBC sued by Australian regulator for allegedly failing to protect customers from scams

The regulator claimed HSBC's local operator received 950 unauthorised transaction reports.