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.
1 day 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.
1 day 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.
5 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.

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 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.