Hints and tips:
Related Special Reports
...It was “always the intention” for HSBC’s climate targets to eventually include facilitated emission disclosures, she added....
...However, the appeal of its core office portfolio has been called into question by the departure of tenants such as HSBC and Clifford Chance....
...“Animal spirits need to be there, we need to innovate,” said Afolami, who earlier in his career worked at HSBC....
...Earlier this year, rating agency Moody’s downgraded the debt of Canary Wharf Investment Holdings citing a “difficult operating and funding environment for real estate companies”....
...HSBC already reported a $3bn charge on its stake in a Chinese bank earlier this year amid mounting bad loans in the country....
...In today’s newsletter: HSBC’s boss leaves BHP’s ‘reserved’ CEO Satellite groups join orbits HSBC CEO’s surprise departure At an away day for senior HSBC executives in the quaint English town of Windsor...
...But there has been little movement in HSBC’s stock price....
...HSBC also announced new share buybacks worth up to $3bn, on top of a $2bn buyback announced in February....
...“At its core this [HSBC] is a commercial bank. And he was the quintessential commercial banker,” said an HSBC banker....
...Galicia will acquire the entire HSBC Argentina business, including banking, asset management and insurance, HSBC said....
...The Federal Reserve has signalled that US borrowing costs are likely to remain higher for longer, and cruise operator Viking Holdings rose on its market debut....
...A $3bn charge on HSBC’s stake in China’s Bank of Communications, in which it has a 19 per cent holding, is significantly larger than the charge peer Standard Chartered has taken on its China bank stake,...
...the average UK HSBC employee, up from 95 times last year....
...Banks with such policies include two that worked on Petroperú’s 2021 bond offering: Santander and HSBC....
...HSBC had also been underpaying its fees to the FSCS....
...The changes follow rate cuts announced last week by HSBC, Halifax and Leeds Building Society across their residential ranges....
...The move by HSBC comes despite a souring outlook for fintechs....
...Nvidia’s net income soared nearly 800 per cent in the latest quarter compared to the same period in 2022, HSBC reported an 80 per cent drop in quarterly profit, and Boeing is replacing the executive in charge...
...HSBC, on the other hand, is already offering fee-free transfers to existing customers though its Global Money account....
...The figures are based on the responses it received from the big four UK high street banks — Barclays, HSBC, Lloyds and NatWest — as well as Handelsbanken, Metro, Santander and TSB....
...HSBC declined to comment. The bank’s shares have gained about 18 per cent so far this year. The FCA declined to comment....
...A spokesperson for HSBC AM said the firm “focuses on developing all of its capabilities”....
...RWS Holdings has blamed its poor performance on “temporary headwinds” several times this year....
...HSBC needs to fend off Asia-focused rival Standard Chartered....
...He is the second HSBC employee to depart the bank over controversial comments in recent years....
International Edition