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.
Chinese megabanks cement nation’s economic prowess
Chinese megabanks cement nation’s economic prowess
Banks in China dominated S&P Global Market Intelligence’s top 50 lenders in the region.
3 days ago
Chart of the Week: HK credit and charge card market to reach $132.4b
Banks are rolling out new services, such as a mobile virtual card and a dual-currency card.
3 days ago
HSBC GPB appoints Ann Ling as APAC head of wealth planning and advisory
She will take over her new role on 1 July 2025.
6 days ago
HSBC names Ishan Sarkar as head of WPS, Singapore
He is tasked with driving a differentiated wealth strategy for Singapore.
HSBC and Mastercard roll out mobile virtual corporate card in Hong Kong
HSBC’s commercial customers can issue virtual cards through a portal.
AIA names HSBC chairman Mark Tucker as next chairman and director
Tucker will step down from his HSBC role on 30 September 2025.
Standard Chartered names Yusuf Demiral as global head of WRB data, analytics, and AI
Demiral joins from HSBC.
Companies seek real-time liquidity management to avert cash-flow crisis
There is increased corporate demand for liquidity and risk coverage, says HSBC.
Citi nabs BofA banker to lead Chinese banking operations
Wenjie Zhang will join Citibank (China) in July 2025.
HSBC Malaysia penalized $690,000 for customer screening non-compliance
Customers were reportedly onboarded without proper sanctions screening.
Malaysia fines two banks for non-compliance with AML/ CFT requirements
BPMB reportedly did not properly screen existing customers for risk.
HSBC cuts dozens of analyst jobs in investment banking overhaul: report
Most of the cuts were in Europe, a source said.
HSBC unveils Tokenised Deposit Service in Hong Kong for treasury management
Ant International is HSBC’s first client to adopt the service.
HSBC enhances entrepreneurial wealth proposition in Hong Kong
It has launched two programmes to support businesses and private banking clients.
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.
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