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The financial behemoth HSBC announced on Wednesday that it had made a “record profit” in 2023 due to a nearly eighty percent increase in pre-tax income. The bank also announced more share buybacks. Although higher interest...

HSBC said Wednesday it achieved “record profit” in 2023 as pre-tax profits soared by nearly 80 percent, with the banking giant also announcing further share buybacks. The Asia-focused lender and its peers have been buoyed by...

Banking giant HSBC said on Tuesday that its pre-tax profits jumped to $12.9 billion in the first quarter of 2023, a $9 billion increase from the same period last year. “Our profits were spread across our...

Banking giant HSBC on Tuesday announced a dip in 2022 pre-tax profits last year, on impairment charges linked to the upcoming sale of its French retail operations. The Asia-focused lender said it made $17.5 billion before...

The world’s largest bank, HSBC, reported a decline in 2022 pre-tax earnings on Tuesday due to impairment costs associated with the impending sale of its French retail operations. The lender with an emphasis on Asia reported...

HSBC Bangladesh has been awarded the ‘2022 Asian Banking and Finance Awards’ for International Retail Bank of the Year for the second time in a row and the ‘Branch Innovation of the Year – Silver’ in...

HSBC’s pre-tax profit more than doubled in 2021, the firm said on Tuesday as it also announced plans to initiate a share buyback of as much as $1 billion for investors, reports BSS. In a statement...

HSBC said on Monday it has appointed Luanne Lim as the chief executive officer of its Hong Kong business, its biggest market, as the Asia-focussed bank looks to expand its investment across the region. Lim was...

The Hong Kong and Shanghai Banking Corporation (HSBC) in Bangladesh has created the country’s first ever sustainability-linked loan for DBL Group, one of Bangladesh’s major knit garment makers and exporters, focusing on Sustainable Development Goal (SDG)...

Profits at banking giant HSBC more than doubled in the first half of the year as it benefited from an economic rebound in Britain and Hong Kong. Europe’s biggest bank by assets saw pre-tax profit for...