Culture
HSBC disbands team focused on managing geopolitical risks
Holdings is disbanding a team of staffers that were focused on identifying and managing geopolitical risk, even as the possibility of such…
Tag
HSBC
Culture
Dollar-selling is becoming a bubble, which may burst, HSBC says
Relentless US dollar-selling is starting to look like a bubble – and, like all bubbles, it will eventually pop, according to HSBC Holdings…
Culture
HSBC expands UK wealth bet in race to £100 billion asset goal
HSBC Holdings is ramping up growth plans for its UK wealth-management operations as Europe’s largest bank seeks to double the assets it…
Business
HSBC names new APAC wealth planning head
HSBC Global Private Banking (HSBC GPB) has announced the appointment of Ann Ling as regional head of wealth planning and advisory for Asia…
Culture
HSBC private banking arm names new Apac head of wealth planning
Ann Ling brings more than two decades of financial services experience to the role, which she will assume on Jul 1 HSBC Global Private…
Culture
HSBC names new head of wealth and premier solutions for Singapore
HSBC announced on Friday (Jun 20) that it has appointed Ishan Sarkar as the bank’s new head of wealth and premier solutions (WPS). He will…
Culture
HSBC chair Tucker to return to Asia insurer AIA after overseeing bank overhaul
HSBC Holdings’ high-profile chairman Mark Tucker will return to the insurance sector as chair of Hong Kong-based AIA Group, after having…
Culture
HSBC cuts dozens of analyst jobs in investment banking overhaul
HSBC Holdings has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment…
Culture
HSBC warns trade turmoil poses serious risks to global growth
Shifting global trade relations have increased economic uncertainty with serious risks to growth, making it difficult for international…
Culture
HSBC to lose Asia expert as chairman Mark Tucker announces retirement
HSBC said on Thursday (May 1) that chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at…
Culture
HSBC 2024 profit beats estimates; announces US$2 billion share buyback
HSBC reported a 6.6 per cent rise in annual profit on Wednesday (Feb 19), beating market expectations, as income withstood the impact of…
Culture
HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs: source
HSBC has laid off around 40 investment bankers in Hong Kong, according to a source with direct knowledge of the matter, as part of a…
Culture
HSBC upgrades Grab to ‘buy’ on attractive valuations, growth drivers ahead
HSBC upgraded its rating on ridehailing giant Grab to a “buy” on attractive valuations and “intact” growth drivers, while Maybank…
Culture
HSBC plans biggest investment banking retrenchment in decades
HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday (Jan 28), accelerating a…
Fashion
HSBC appoints Citi veteran as its new head of international wealth hub for Singapore
HSBC has appointed 22-year veteran Jil Chin as its new head of international wealth hub for Singapore, as the company leads efforts to…
Fashion
HSBC sued by Australian regulator for bank scam loss failures
AUSTRALIA’S markets watchdog sued HSBC Bank of Australia for failing to protect customers who lost millions of US dollars in scams. HSBC…
Business
Australia takes HSBC to court over neglecting scam victims
(Reuters) -Australia's corporate regulator has initiated legal action against the local affiliate of the global bank HSBC, claiming it…
Culture
HSBC sent fintech Stenn into administration over fears about client list
HSBC Holdings triggered the shuttering of trade-finance firm Stenn Technologies after uncovering transactions that were supposed to be…
Fashion
IFC, HSBC inks US$1 billion risk-sharing facility to boost trade financing in emerging markets
The two will equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countries THE International…
Fashion
IFC, HSBC ink US$1 billion risk-sharing facility to boost trade financing in emerging markets
The two will equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countries THE International…
Fashion
HSBC raised fraud alarm that sparked collapse of fintech Stenn
A FINANCE firm backed by several influential Wall Street investors collapsed last week after HSBC Holdings discovered some of the…
Culture
HSBC starts search for next chairman: report
HSBC’s board has appointed headhunters to start the recruitment of its next chairman, Sky News reported on Saturday (Nov 30), with…
Culture
HSBC pulling back from China credit card business after struggling to expand: sources
HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the…
Culture
HSBC loses court challenge against 31.7 million euro EU cartel fine
HSBC on Wednesday (Nov 27) lost its challenge against a 31.7 million euro (S$44.8 million) EU cartel fine after Europe’s second top court…