News

The London-based bank reported a drop in second-quarter net profit and said it plans to initiate a share buyback of up to $3 ...
In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.
HSBC Holdings Plc’s earnings for the second quarter fell short of expectations after it posted a rise in expenses and took a ...
CEO Georges Elhedery flagged “structural challenges” to the global economy that have caused uncertainty and market volatility, citing “broad-based tariffs.” ...
The boss of FTSE 100 juggernaut HSBC has become the latest banking voice to warn Rachel Reeves against raising taxes on banks ...
HSBC's customers base increased to 6.2 million last year from 5.4 million, showing the importance of the city, Elhedery says HSBC, the largest bank in Hong Kong with 6.2 million customers, will ...
Summary New CEO Georges Elhedery announced a broadly sensible strategy for the lender on Wednesday, while implicitly acknowledging that the growth question is partly out of his hands. It makes a ...
CEO Georges Elhedery said HSBC stands to benefit from a reconfiguration of global trade. (Lam Yik/Bloomberg News) World trade isn’t grinding to a halt but it is changing shape, according to the ...
HSBC Holdings Plc shareholders wiped out about $9.4 billion of the firm’s market capitalization after quarterly earnings fell ...