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.

Singapore is Asia’s top offshore destination of wealthy investors

Saving up for vacation and leisure overtook financial security as the top financial goal.

HSBC names global head of investments and managed solutions for wealth, premier

Sami Abouzahr also leads the bank’s ultra high net worth solutions group.

HSBC names Kate Subak as new CEO of HSBC Insurance (Bermuda)

She was previously COO of Sun Life International in Bermuda.

Tokenisation of bank assets could boost liquidity and risk management in FX

But the industry must address the potential fragmentation of the liquidity pool.

Chinese megabanks cement nation’s economic prowess

Banks in China dominated S&P Global Market Intelligence’s top 50 lenders in the region.

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.

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.

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.