Alibaba’s revenue and profit in December quarter topped estimates, helping the Hang Seng Index log its longest winning run ...
HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly on ...
Boss Georges Elhedery (pictured) appeared to play down concerns over the blocking of pension savings from UK nationals who ...
Banking giant HSBC said on Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end ...
Hang Seng Bank is well capitalized and in solid financial shape. Even after recording large provisions in 2022 and 2023 for its exposure to mainland China commercial real estate, its common equity ...
HSBC is preparing to axe thousands of jobs across Britain as it increases its focus in China ...
Hang Seng Bank Ltd., a Hong Kong lender controlled by HSBC Holdings Plc, recorded a surge in credit impairment on commercial ...
Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and ...
HSBC has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as part of a global restructuring exercise at the Asia-focused lender to cut ...
Other banks may follow with similar cuts to ease financing costs and help revive home sales Hong Kong's largest banks are ...
HSBC appears to have been hit by a service outage, with customers saying they are unable to log into their accounts. Monitoring website Downdetector receiving reports of issues with HSBC services ...
HSBC Holdings Plc appointed Karim Tannir as head of the firm’s newly-created banking division in the Middle East, North Africa and Turkey, a region that’s become increasingly important for the ...
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