News

In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.
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 ...
Outgoing board head Mark Tucker churned through CEOs and steered the $220 bln bank’s vast overhaul. Now, with the right boss ...
HSBC Holdings reported a sharper-than-expected drop in profit on Wednesday, hurt by write-downs from exposures to a Chinese ...
HSBC Holdings Plc’s earnings for the second quarter fell short of expectations after it posted a rise in expenses and took a ...
HSBC Holdings reported a 26% and 29% slip in its first-half and YoY pretax profits, respectively, as bad debts in China ...
HSBC Holdings reported a 26 per cent slide in first-half pretax profit on Wednesday (Jul 30), missing analyst estimates, as ...
The UK-based lender, which generates the bulk of its profits in Asia, also recorded a $2.1bn impairment on its stake in China ...
CEO Georges Elhedery flagged “structural challenges” to the global economy that have caused uncertainty and market volatility ...
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 boss of HSBC has joined his 'Big Four' banking chiefs in sending a warning to Rachel Reeves over tax concerns.