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.

In 2018, the Financial Stability Board, a policy research and development entity called, listed HSBC as amongst the 29 banks worldwide who are "systemically important financial institutions"—that is, financial organisations whose size and role meant that any failure could cause serious systemic problems.

HSBC appoints Shayan Hazir as Chief Digital Officer for ASEAN

The former GLMC head has over 18 years of bank leadership experience under HSBC.

4 days ago

HSBC appoints Shayan Hazir as Chief Digital Officer for ASEAN

The former GLMC head has over 18 years of bank leadership experience under HSBC.

4 days ago

Weekly Global News Wrap: Depositors hit by China’s banking fiasco to be repaid; HSBC pays £1500 to staff to help with living costs

And India’s Yes Bank is selling up to a 10% stake for $1.1b.

5 days ago

HSBC to meet Hong Kong retail investors after spurning break up call

This comes a day after HSBC promised higher dividends.

6 days ago

HSBC profit after tax rose to $9.2b in H1

The board has approved an interim dividend of $0.09 per ordinary share for the period.

6 days ago

Weekly Global News Wrap: HSBC sells Russia business to Expobank; Julius Baer to freeze hiring

And HSBC’s UK unit plans to stop collecting gender data as part of inclusivity push.

How Singapore banks are closing the gender gap

Most banks have already exceeded the 2021 regional average of 18.5% employed women per firm.

HSBC renews bancassurance partnership with Allianz

It will cover six markets, with HSBC and Allianz offering life and non-life products.

Does geopolitics heighten risks of an East-West divide in the financial industry?

HSBC’s potential Asia split may signal that decoupling between the West and China is growing.

HSBC names Jeffrey Yap as head of investments and wealth solutions for SEA

Yap has served as interim head since November last year.

HSBC unveils Well+, incorporates banking and insurance in one platform

Customers can earn rewards of up to $2,000.

Weekly Global News Wrap: HSBC profits slide in 2021; UBS posts best Q1 profit in 15 years

And Swedish bank SEB signs up its first banking-as-a-service client.

Weekly Global News Wrap: Britain to unveil crypto regulations; Deutsche Bank CFO now co-deputy CEO

And HSBC steps up scrutiny of Russian clients amidst sanctions.

Singapore's carbon tax hike to leave massive economic impact: banks

Power generation, manufacturing, transport industries will be the most impacted.

Singapore releases methodologies on responsible use of AI by financial institutions

The Veritas Consortium also released an open-source toolkit to help with adoption.

HSBC grants HK$1b green loan to Chinachem Group

The group plans to cut in half its carbon emissions by 2030.

HSBC appoints co-heads for commercial banking business in Asia: report

Amanda Murphy will lead South Asia and SEA whilst Frank Fang, the GBA.

HSBC ahead of China wealth hiring targets, mulls re-entering India private banking

By end-2021, HSBC will have 64 working in its China onshore private banking.