Huawei 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 ...
HSBC 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...
Foreign 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...
Mumbai: 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...
HSBC 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...
HONG 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...
HSBC 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...
HSBC 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...
The UK-based bank has signalled its "pivot to Asia" as annual profits slump during the pandem...
HSBC, 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...
HSBC 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...
HSBC is set to release its full-year 2020 earnings on Tuesday 12 noon Hong Kong/Singapore ti...
Technology shares in Asia-Pacific will be watched by investors on Tuesday after their counterparts declined overnight on Wall Stre...
HSBC 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...
HSBC Holdings PLC will update its "transformation" plan announced a year ago on Tuesday, when the Asia-focussed lender also reports annual resul...
Hong 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,...