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HSBC executives on Tuesday defended the lender's strategy to operate as a global bank and promised better returns to disgruntled individual shareholders in Hong Kong, a day after rebuffing a break ...
Hong Kong retail shareholders were particularly unhappy when HSBC scrapped its dividend in 2020 during the COVID-19 pandemic, following a request to lenders by the Bank of England.
HSBC has unveiled a sweeping overhaul of the bank by splitting it into East and West, raising fears the move could lead to less scrutiny of its operations in China and Hong Kong. New chief ...
In recent years, HSBC Global Private Banking (GPB) has experienced tremendous expansion in its Hong Kong customer base, effectively moving numerous clients from retail to GPB. This transition has ...
HONG KONG/SHANGHAI, Feb 16 (Reuters) - HSBC (HSBA.L) plans to tighten risk management at Hong Kong unit Hang Seng Bank (0011.HK) due to worries about a potential rise in bad loans amid growing ...
Activists during a protest outside the HSBC headquarters in Hong Kong on June 6. Photographer: Lam Yik/Bloomberg He said the bank didn’t provide a reason for the closing, but that they were ...
HSBC doesn’t care. In a quite stunning show of appeasement, the bank actually expressed support for the national security law that Beijing is now using to strangle Hong Kong’s freedom.
HSBC most recently rejected a proposal to relocate its headquarters to Hong Kong in 2016. "We remain fully committed to the UK, both in terms of our domicile and our significant businesses and ...
HONG KONG (CBS.MW) -- Having signed up its first 100,000 customers in Hong Kong in just four months, banking giant HSBC launched a major marketing drive Tuesday as it extended its Internet ...
HSBC, the banking giant managing nearly $3 trillion in assets, has reportedly allowed its customers to buy Bitcoin and Ethereum exchange-traded funds (ETFs) listed on the Hong Kong stock exchange.
HONG KONG (MarketWatch) -- Trading in shares of HSBC Holdings was suspended in Hong Kong Monday at the banking giant's request, pending "the announcement of a corporate action." The banking giant ...
On Sept. 25, HSBC announced that its chief executive, Michael Geoghegan, will relocate his office back to Hong Kong in February, 2010. The decision is yet another sign of the growing economic ...