HSBC

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...

Banking giant HSBC plans Zoom-free Friday afternoons for some UK staff in an effort to tackle stress caused by working from home during the pandemic. The trial programme follows similar plans announced by other firms to...

British banking heavyweights HSBC and RBS are launching new digital banking platforms, as competition for digitally savvy customers steps up in the face of a wave of online startups. HSBC rolled out a new app-based business...

HSBC Holdings PLC plans to add more than a 1,000 jobs this year at its technology development centers in China, as the Asia-focused lender seeks to bolster its presence in the world’s second-largest economy. Europe’s biggest...

HSBC has said some of its US customers’ bank accounts were hacked in October. The lender said that the perpetrators may have accessed information including account numbers and balances, statement and transaction histories and payee details,...

HSBC has reached a $765m (£582.3m) settlement in the US over its sale of mortgage-based securities during the run-up to the financial crisis. The deal resolves claims by the US that HSBC misled buyers about the...

Though well known on the British High Street, HSBC makes most of its money outside the UK, with Asia accounting for the bulk of global profits. HSBC has posted a pre-tax profit of $17.2bn (£12.3bn) in...