News

The London-based bank reported a drop in second-quarter net profit and said it plans to initiate a share buyback of up to $3 ...
In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.
HSBC Holdings Plc shareholders wiped out about $9.4 billion of the firm’s market capitalization after quarterly earnings fell ...
The boss of HSBC has warned Rachel Reeves that a punishing new tax raid would deliver a hammer blow to the UK economy.
HSBC Holdings reported a sharper-than-expected drop in profit on Wednesday, hurt by write-downs from exposures to a Chinese ...
HSBC Holdings Plc shareholders wiped out about $9.4 billion of the firm’s market capitalization after quarterly earnings fell ...
HSBC Holdings reported a 26% and 29% slip in its first-half and YoY pretax profits, respectively, as bad debts in China ...
CEO Georges Elhedery flagged “structural challenges” to the global economy that have caused uncertainty and market volatility, citing “broad-based tariffs.” ...
HSBC's CEO continues cost-cutting measures and orders all managing directors to work from office for at least four days a ...
The group also revealed that it was about halfway through its efforts to save 1.5 billion US billion (£1.1 billion) worth of ...
The London-headquartered bank generates most of its revenue in Asia and has spent several years pivoting to the region.
Outgoing board head Mark Tucker churned through CEOs and steered the $220 bln bank’s vast overhaul. Now, with the right boss ...