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, SBF to help Singapore businesses scale GBA, India, Middle East
HSBC, SBF to help Singapore businesses scale GBA, India, Middle East
HSBC launched a business guide and will offer net zero transition solutions.
KPay merchants can now accept payments from HSBC’s PayMe app
Over 33,000 merchants in KPay’s Hong Kong network can now accept PayMe payments.
Georges Elhedery is HSBC’s new group CEO
He is currently the CFO; Noel Quinn will retire on 2 September.
HSBC, Visa team up to develop multi-currency app Zing
Users can hold funds in 10 different currencies and transact in 200 countries.
Hong Kong banks ramped up hiring but investment bankers laid off
Trade and private bankers are most in demand, although banks are cautious.
Allianz and HSBC launch new life insurance plan
The plan comes with a premium starting from RM6,000.
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.
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