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SCMPHuawei Technologies’ chief financial officer Meng Wanzhou has taken HSBC to court in Hong Kong to seek access to documents relating to her extradition case, days after the request was rejected by a London court. The application at the High Court ...
SCMPHSBC wants to bolster its position as top bank for high net worth and ultra high net worth clients in Asia, investing US$3.5 billion and hiring more than 5,000 people in its wealth management business over the next five years as it doubles down on...
The Guardian
The Economic TimesForeign bank HSBC on Tuesday reported a 1.78 per cent increase in its profit before tax from (PBT) India in 2020 at USD 1.024 billion, to emerge as the third most profitable for the lender after Hong Kong and mainland China. The profit growth cam...
The Economic TimesMumbai: Hong Kong and Shanghai Banking Corp Ltd (HSBC)'s profit before tax in India increased 2% in 2020 despite a rise in provisions for bad loans mainly due to higher income from its global banking and markets division. Profit before tax from In...
ReutersHSBC on Tuesday abandoned its long-term profitability target, and unveiled a revised strategy focused mainly on wealth management in Asia after the COVID-19 shock saw its annual profits drop sharply. #News Subscribe: http://smarturl.it/reuters...
CNAHONG KONG: HSBC on Tuesday (Feb 23) vowed to accelerate its Asia pivot despite spiralling tensions between China and the West after it reported a 30 per cent plunge in profits for 2020 caused by the coronavirus pandemic. Reported profit after tax...
CNN NewsHSBC is pushing even harder into Asia as the bank seeks to shore up its business in the wake of the coronavirus pandemic and ongoing tensions between the United Kingdom and China. It's also bringing back its dividend, a sign that it's optimistic a...
CNAHSBC Holdings PLC on Tuesday reported 34per cent drop in annual profit, slightly better than expectations, after a year in which its global business took a hefty blow from the COVID-19 pandem...
BBC NewsThe UK-based bank has signalled its "pivot to Asia" as annual profits slump during the pandem...
SCMPHSBC, the biggest of Hong Kong’s three currency-issuing banks, said on Tuesday that it would accelerate its efforts to reduce costs and pursue areas of strength more aggressively in its latest business strategy, after its full-year profit declined...
CNAHSBC Holdings PLC on Tuesday reported 34per cent drop in annual profit, slightly better than expectations, after a year in which its global business took a hefty blow from the COVID-19 pandem...
CNBCHSBC is set to release its full-year 2020 earnings on Tuesday 12 noon Hong Kong/Singapore ti...
CNBCTechnology shares in Asia-Pacific will be watched by investors on Tuesday after their counterparts declined overnight on Wall Stre...
SCMPHSBC is offering Asia’s first yuan-denominated green certificate of deposit (CD) to retail customers in Hong Kong, the latest climate product by one of the city’s big financial institutions.Retail customers would be able to subscribe in 10,000 yu...
CNAHSBC Holdings PLC will update its "transformation" plan announced a year ago on Tuesday, when the Asia-focussed lender also reports annual resul...
SCMPHong Kong stocks rose, extending gains in Year of the Ox trading, as HSBC led winners ahead of major earnings reports from lenders this week while mainland fund managers picked selective market laggards.The Hang Seng Index rose 0.5 per cent to 30,...
