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.
HSBC penalised by India's central bank
The bank reported inaccurate credit information for several expired credit cards.
HSBC penalised by India's central bank
The bank reported inaccurate credit information for several expired credit cards.
HSBC study: What type of wealth succession do Chinese entrepreneurs prefer?
56% of the surveyed hope to achieve risk isolation through family trusts.
HSBC Singapore, MSIG enter 15-year bancassurance partnership
MSIG will distribute commercial and personal insurance solutions to HSBC’s SG customers.
HSBC says split bank would result in ‘erosion of earnings’
The bank responded to the strong statement regarding a break-up plan by Ping An.
HSBC’s largest shareholder shares ‘deep concerns’, pushes for break-up
Ping An expressed five points that need to be addressed.
HSBC launches AI-driven structured product for private banking clients in Asia
The portfolio is rebalanced weekly.
HSBC GPB appoints Henry Lam as APAC head of wealth planning and advisory
Lam joins from Credit Suisse.
HSBC launches RewardCash-based e-shop for Hong Kong Visa platinum cardholders
They can now ship at Watsons, PARKnShop, and Fortress with their RewardCash.
HSBC welcomes Hong Kong’s HK$100m bid to attract family office
Hong Kong is aiming to attract 200 family offices to set up shop in the city by 2025.
AI adoption in banking not a race but a question of trust: HSBC exec
AI achievers enjoyed 50% greater revenue growth on average, according to Accenture.
Less than 10% of global energy financing went to renewables: study
Of the $2.5t funneled to energy firms, only $178b were for clean energy activities, the report said.
HSBC to stop funding new oil and gas projects: report
They will continue to finance energy companies at a corporate level to help them transition.
DBS Hong Kong names Wallace Nam as head of institutional banking
Prior to joining DBS, Nam served various leadership roles in HSBC.
HSBC sells Canadian banking operations to Royal Bank of Canada for $10.1b
The bank expects to generate an estimated pre-tax gain of $5.7b.
HSBC to close 114 branches in the UK
Some of the closing branches serve less than 250 customers a week.
HSBC Global Private Banking launches discretionary digital platform in Asia
It makes use of building blocks to construct clients’ portfolios.
HSBC taps former Citi head to lead its wealth and personal banking business
Ashmita Acharya will take over the post on 18 January 2023.
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