News

The jump means that 73 per cent of HSBC’s Hong Kong commercial real estate loans are either impaired or marked as having increased credit risk, up from less than 30 per cent a year ago. HSBC put aside ...
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 ...
Lender signs 15-year lease for an office minutes from the bank’s Docklands base that it plans to vacate in 2027 ...
In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.
We're making positive progress in becoming a simple, more agile, focused organisation built on our core strengths': HSBC CEO ...
CEO Georges Elhedery flagged “structural challenges” to the global economy that have caused uncertainty and market volatility ...
HSBC Holdings reported a sharper-than-expected drop in profit on Wednesday, hurt by write-downs from exposures to a Chinese ...
AMG to divest its stake in Comvest's private credit business to Manulife for $285M, unlocking capital and gains.
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 continued to pile up.
The group also revealed that it was about halfway through its efforts to save 1.5 billion US billion (£1.1 billion) worth of ...
HSBC has signed a 15-year lease for new offices in Canary Wharf after a shortage of desks at its future City HQ forced the ...