Hints and tips:
Related Special Reports
...The difference in how the bank accounts for emissions is down to the more hands-off role banks play in capital markets compared to lending, Céline Herweijer, HSBC’s group chief sustainability officer, and...
...Ping An has cut its stake in HSBC days after it voted against the re-election of the bank’s outgoing chief executive Noel Quinn....
...An octogenarian oil trader has been convicted of “cheating” HSBC and abetting forgery after a lengthy trial in Singapore, drawing a line under an oil dealing scandal that left banks facing hundreds of millions...
...HSBC already reported a $3bn charge on its stake in a Chinese bank earlier this year amid mounting bad loans in the country....
...Quinn, who took up the role at the UK-based lender in 2019 and first joined the bank in 1987, will remain as group chief executive until his successor starts and has agreed to remain available through the...
...Quinn is leaving after a long run, joining the lender in 1987 through a subsidiary of Midland Bank, which was bought by HSBC five years later....
...Quinn joined the lender in 1987 through a subsidiary of Midland Bank, which was bought by HSBC five years later....
...“At its core this [HSBC] is a commercial bank. And he was the quintessential commercial banker,” said an HSBC banker....
...at the bank....
...The sale will also force the bank to recognise $4.9bn in historical currency translation reserve losses when the deal closes, HSBC said....
...HSBC will also have to recognise $4.9bn in historical losses related to the falling value of the peso when the deal closes, which is expected to be within the next 12 months, the bank said on Tuesday....
...The Bank of England has fined HSBC £57.4mn for failing to correctly identify customer deposits eligible for protection under the UK’s Financial Services Compensation Scheme between 2015 and 2022....
...HSBC’s chief executive Noel Quinn is to retire unexpectedly after five years, setting off a hunt for a successor at the UK-based bank....
...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,...
...So HSBC owns 19 per cent of this bank, and they are now saying they’ve had to rethink how much that might be worth....
...Shares in HSBC fell the most since 2020 after the bank reported an 80 per cent drop in quarterly profit and a $3bn charge on the value of its stake in a Chinese bank....
...of a bank failing....
...Shares of HSBC in Hong Kong gained 1 per cent while the broader Hang Seng index rose 3 per cent on Wednesday....
...The founder of Hin Leong Trading has been convicted of cheating HSBC and abetting forgery after a lengthy trial in Singapore, drawing a line under an oil dealing scandal that left banks facing hundreds of...
...HSBC’s push into fintech also follows a foray by US-based investment bank JPMorgan into the UK’s digital banking market with the launch of Chase UK in 2021, as the Wall Street bank sought to compete with...
...Last March, the Bank of England worked round the clock to enable HSBC to buy Silicon Valley Bank’s UK arm almost immediately after its US parent went bust....
...It’s definitely growing, as Bank of America points out in a recent note....
..., followed by Citi, Itaú, HSBC, Santander, Bank of America, Bradesco and Goldman Sachs....
...The Fed sets rigorous capital and liquidity requirements, along with regular stress tests, to confirm banks’ ability to withstand major adverse shocks....
...Ottawa on Thursday approved the $10.2bn sale of HSBC’s assets to Royal Bank of Canada, more than a year after the UK-based, Asia-focused lender announced its exit from the market....
International Edition