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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 ...
Profit before tax declined 25% on a year-on-year basis, while revenue fell 15% from last year. Pre-tax profit, however, ...
HONG KONG, April 29 (Reuters) - HSBC said on Tuesday that its stake in Bank of Communications (BOCOM) will drop to about 16% from 19.03%, and it will book a loss of up to $1.6 billion as a result ...
HSBC, Hong Kong’s biggest lender, unveiled a fresh US$3 billion share-repurchase programme after its first-quarter earnings beat analysts’ estimates, stepping up its buy-back plan in a market ...
HONG KONG - HSBC launched a US$3 billion (S$3.9 billion) share buyback after reporting a 25 per cent fall in first-quarter profit on April 29 and warned of heightened business uncertainty in the ...
HSBC has launched a new wealth Centre at The Star Vista, aiming to offer tailored financial services to affluent clients in western Singapore. The new centre is the second of three planned wealth ...
UBS, Barclays, Deutsche Bank, and HSBC all say they benefited from increased ... IWPB [international wealth and premier banking] and Hong Kong business segments, supported by higher customer ...
HONG KONG/LONDON (Reuters) -HSBC warned that loan demand and credit quality could suffer from the broader fallout of U.S. President Donald Trump's global trade war, signalling tougher times for ...
HONG KONG, - HSBC said on Tuesday that its stake in Bank of Communications will drop to about 16% from 19.03%, and it will book a loss of up to $1.6 billion as a result of the Chinese bank's ...
Hong Kong stocks rose on Tuesday, as traders kept an eye on the latest developments in the US-China tariff talks and corporate results to assess the impact of the ongoing trade war. The Hang Seng ...
However, it expects severance and other up-front costs of $1.8 billion over 2025 and 2026. HSBC shares rose 1.5% in Hong Kong trading.
HSBC's Hong Kong shares were up 3.2%, against a flat Hang Seng benchmark, while London-listed stock was trading 2.1% higher at 0756 GMT. The earnings update from HSBC, which is also one of the ...