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.
SG banks turn to upskilling as hiring sentiments turn ‘cautious’
Roles related to wealth advisory and anti-ML and fraud are most in demand.
SG banks turn to upskilling as hiring sentiments turn ‘cautious’
Roles related to wealth advisory and anti-ML and fraud are most in demand.
HSBC launches digital investment platform WorldTrader
It is powered by Interactive Brokers.
HSBC Singapore unveils Live+ credit card for lifestyle spending
It offers an 8% cashback and 15% discount on selected transactions.
HSBC unveils new face for trade services with Global Trade Solutions
The bank outlined plans to give a safer, smoother digital trade experience.
HSBC’s UniTransact to streamline cross-border transactions
New platform addresses digital payment challenges, enhances transaction efficiency in Indonesia.
Top banks’ assets expanded 5.1% in 2023
HSBC is a top performer, whilst China Merchant’s Bank saw fees decline.
HSBC unveils US thought leadership programme for Asian UHNWs
The three day programme will connect the UHNWs to tech leaders.
HSBC names ex-Citi banker as head of global banking in Singapore
Gilbert Ng has experience in corporate finance and risk management.
HSBC’s profit dips to $12.7b in Q1; special dividend after Canada sale
A first interim dividend of $0.1 per share has been approved by the board.
Hong Kong investment bankers risk losing jobs as banks cut costs: report
About 200 bankers in the city have reportedly lost their jobs in the past year.
HSBC sells Argentina banking operations with $1b loss
Grupo Financiero Galicia will be paying $550m for the unit.
Empathy deficit erodes customers’ trust in banks
Customers who feel valued are willing to spend more for banking products.
Weekly Global News Wrap: HSBC may receive just $21.7m from Russia sale; 282 US banks at risk
And Japan’s small businesses, homeowners brace for life after the interest rate policy shift.
Allianz Life, HSBC Malaysia unveil two new investment-linked funds
Its fund manager is BlackRock.
HSBC profit before tax is $30.3b in 2023
But the bank also had a $3b impairment charge related to the Bank of Communications.
Weekly Global News Wrap: HSBC gets approval to sell Russia unit; Chinese banks approve $17b property loans
And China cuts 25 basis points to five-year loan prime rate (LPR).
HSBC to distribute Schroders multi-asset income fund
The launch of the fund comes as a response to the current high inflation and interest rate environment.
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