News

Europe’s largest lender HSBC on Wednesday missed second-quarter profit expectations, mostly on account of impairment charges, ...
HSBC Holdings Plc’s earnings for the second quarter fell short of expectations after it posted a rise in expenses and took a ...
In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.
HSBC Holdings reported a sharper-than-expected drop in profit on Wednesday, hurt by write-downs from exposures to a Chinese ...
HSBC Holdings reported a 26% and 29% slip in its first-half and YoY pretax profits, respectively, as bad debts in China ...
Outgoing board head Mark Tucker churned through CEOs and steered the $220 bln bank’s vast overhaul. Now, with the right boss ...
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-based bank reported a drop in second-quarter net profit and said it plans to initiate a share buyback of up to $3 ...
A senior executive confirmed the Australian retail bank was undergoing a strategic review but said institutional banking ...
Bank giant HSBC said Wednesday that group profits fell in the first half on higher costs but noted that it was "well ...
CEO Georges Elhedery said HSBC stands to benefit from a reconfiguration of global trade. (Lam Yik/Bloomberg News) World trade isn’t grinding to a halt but it is changing shape, according to the ...