banking services company based in Hong Kong
HSBC to book $1B loss as it sells Argentina division: Global banking giant HSBC has agreed on the sale of its business in Argentina and is booking a $1 billion ...
dailysabah.com/business/economy/hsbc-to-book-1b-loss-as-it-sells-argentina-division
HSBC CEO Pay Almost Doubles as Bonus Pool Hits Decade High: HSBC Holdings Plc’s Chief Executive Officer Noel Quinn’s total pay nearly doubled to £10 ...
bloomberg.com/news/articles/2024-02-21/hsbc-ceo-quinn-s-pay-almost-doubles-as-bonus-pool-gains-12
HSBC announces record £24bn profit boosted by interest rates: UK Bank profits soar as Chinese economic challenges loom large
inews.co.uk/news/business/hsbc-profit-interest-rates-boost-2917388
Quick Glance: HSBC Increases CEO's Pay Despite Profit Fall
- HSBC has nearly doubled its Chief Executive Noel Quinn's pay despite a drop in fourth-quarter profits.
- The London-based bank revealed that Quinn will receive a package of £10.6 million.
- The bank's board also raised the bonus pool for staff by 12% to $3.8 million.
- The fourth-quarter profits fell unexpectedly due to a $3 billion charge related to the bank's stake in the Bank of Communications in China.
HSBC joins ranks of suitors for Tesco banking arm: HSBC has joined rivals Barclays and Lloyds Banking Group in expressing an interest in the banking arm of ...
news.sky.com/story/hsbc-joins-ranks-of-suitors-for-tesco-banking-arm-13040879
Exclusive: JPMorgan to outsource $500 billion custody business in Hong Kong, Taiwan
reuters.com/business/finance/jpmorgan-outsource-500-bln-custody-business-hong-kong-taiwan-sources-2023-12-12/
Quick Glance: Exclusive: JPMorgan to Outsource $500 Billion Custody Business in Hong Kong and Taiwan - Sources
- JPMorgan is outsourcing the local custody business in Hong Kong and Taiwan and is in the process of selecting a new bank partner.
- JPMorgan will continue to provide global custody services in these markets.
- JPMorgan's decision to exit from local custody services in Hong Kong and Taiwan underscores the shift in focus for this business as macroeconomic uncertainties and geopolitical tensions reshape asset and investment flows.
- In recent years, JPMorgan has exited the less lucrative local custodian business from other markets in the Asia Pacific region.
HSBC Innovation Banking steps up support for innovation businesses: Hong Kong’s position as a thriving innovation hub continues to gain momentum ...
scmp.com/presented/business/banking-finance/topics/banking-innovation-economy/article/3243225/hsbc-innovation-banking-steps-support-innovation-businesses
HSBC Miss: The Bloomberg Close, Asia Edition : Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2023-10-30/hsbc-miss-the-bloomberg-close-asia-edition
The Big Bank With a $15 Billion Conundrum in China: HSBC has a big stake in a Chinese lender that it can’t easily sell and that could require a big write-down.
wsj.com/finance/banking/the-big-bank-with-a-15-billion-conundrum-in-china-8bd25531
Bored Ape crypto fans report ‘eye burn’ after Hong Kong party: Organiser Yuga Labs conducts investigation following event to promote crypto art
ft.com/content/fe9a3fa3-edfc-41df-a333-1f91e62483f7
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HSBC executive to exit after deploring UK's stance on China - Bloomberg News: HSBC Holdings Plc's (HSBA.L) head of public affairs Sherard Cowper-Coles will step ...
reuters.com/business/finance/hsbc-executive-exit-after-deploring-uks-stance-china-bloomberg-news-2023-09-29/
Quick Glance: HSBC Executive to Depart After Criticizing UK's Position on China
- HSBC's head of public affairs, Sherard Cowper-Coles, to step down
- Controversial remarks about the British government's relationship with China
- Cowper-Coles will leave the company next month
- HSBC declines to comment on the Bloomberg report
Exclusive: HSBC to acquire Citigroup China consumer wealth business -sources: HSBC (HSBA.L) is set to acquire Citigroup's (C.N) China consumer wealth management ...
reuters.com/markets/deals/hsbc-acquire-citigroup-china-consumer-wealth-business-sources-2023-09-28/
Quick Glance: HSBC to Acquire Citigroup China Wealth Management
- HSBC to acquire Citigroup's China wealth management business
- Transaction includes taking over Citi staff in China
- Financial details of the deal not immediately known
- Citi's China wealth management serves affluent clients
HSBC hires eight former Credit Suisse bankers to global equities unit: HSBC (HSBA.L) has hired eight former Credit Suisse traders and sales personnel to its ...
reuters.com/business/finance/hsbc-hires-eight-former-credit-suisse-bankers-global-equities-unit-2023-09-19/
Lab-grown diamonds may not be forever—but their rise is driving down prices: Man-made diamonds are having their moment, but natural diamonds aren't done yet.
qz.com/lab-grown-diamonds-may-not-be-forever-but-their-rise-is-1850743711
Paid articlePaidQuick Glance: Artificial Diamonds Disrupting the Market
- Artificial diamonds are on the rise, while natural diamonds remain relevant.
- Sales of artificial diamonds have been increasing every year since 2016, reaching a global market value of just $700 million.
- The biggest sellers are Signet Jewelers from the US and Pandora, a global fashion jewelry company targeting US consumers with diamonds.
- Signet, the largest diamond jewelry retailer in North America, reportedly embraced artificial diamonds in early 2022, according to Zimnisky.
HSBC senior official apologises for saying UK 'weak' over China: HSBC's head of public affairs has apologised after reportedly saying that Britain had been ...
reuters.com/business/finance/hsbc-senior-official-apologises-saying-uk-weak-over-china-2023-08-07/
HSBC rides rising rates to double its income, launches $2 billion share buyback: HSBC Holdings (HSBA.L) raised its key profitability target and announced a fresh ...
reuters.com/business/finance/hsbc-launches-up-2-bln-buyback-235-first-half-profit-jump-2023-08-01/
Hong Kong quarterly GDP growth slows on sluggish global economy: HONG KONG (Reuters) -- Hong Kong's economic growth slowed in the second quarter from a year ...
asia.nikkei.com/Economy/Hong-Kong-quarterly-GDP-growth-slows-on-sluggish-global-economy
HSBC Shares Climb to Four-Year High on Rising Margin, Buybacks: A 32% rally this year has catapulted HSBC Holdings Plc’s shares to their highest level in four ...
bloomberg.com/news/articles/2023-07-21/hsbc-shares-climb-to-four-year-high-on-rising-margin-buybacks
HSBC Shares Climb to Four-Year High on Rising Margin, Buybacks: A 32% rally this year has catapulted HSBC Holdings Plc’s shares to their highest level in four ...
bloomberg.com/news/articles/2023-07-21/hsbc-shares-climb-to-four-year-high-on-rising-margin-buybacks
Lab-grown diamonds may not be forever—but their rise is driving down prices: Man-made diamonds are having their moment, but natural diamonds aren't done yet.
qz.com/lab-grown-diamonds-may-not-be-forever-but-their-rise-is-1850743711
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Barclays Plc names new CEO, COO in reshuffle of key India business: Pramod Kumar will be the new Chief Executive Officer and Suneeta Shetty from HSBC Holdings ...
business-standard.com/companies/news/barclays-plc-names-new-ceo-coo-in-reshuffle-of-key-india-business-123081800450_1.html
BVTV: Dock of the bay | Reuters Video: HSBC’s announced exit from Canary Wharf bodes ill for the London financial hub’s future. Flexible working means big banks ...
reuters.com/video/watch/idRCV00C7Z5
Canary Wharf’s pivot looks like a tall order: Canary Wharf may be in trouble once again. London’s Docklands hub last week received a body blow with the news that ...
reuters.com/markets/asia/canary-wharfs-pivot-looks-like-tall-order-2023-07-03/
What I Learned From Buying a House in London: I may have just bought into the worst of the London downswing. But I’m at peace with that.
bloomberg.com/opinion/articles/2023-06-19/london-house-prices-what-i-learned-from-buying-a-home-in-a-down-market
HSBC, StanChart face pressure from Hong Kong to take on crypto clients - FT: HSBC (HSBA.L) and Standard Chartered (STAN.L) are among lenders facing pressure from ...
reuters.com/technology/hsbc-standard-chartered-face-pressure-hong-kong-take-crypto-clients-ft-2023-06-15/
HSBC Shareholders Dismiss Call for Strategy, Dividend Switch: HSBC Holdings Plc shareholders voted to reject proposals to shake up the bank that were put forward ...
bloomberg.com/news/articles/2023-05-05/hsbc-investors-reject-special-resolutions-on-dividends-strategy
Hong Kong Put Pressure on Three Major Banks to Take On Crypto Exchanges as Clients: Report
coindesk.com/policy/2023/06/15/hong-kong-put-pressure-on-three-major-banks-to-take-on-crypto-exchanges-as-clients-report/
Why Big Banks Like HSBC & Standard Are Being Pressured To Accept Crypto Clients In Hong Kong
indiatimes.com/worth/news/big-banks-pressurised-to-accept-crypto-clients-in-hong-kong-606013.html
I can’t get a refund as my John Lewis card is now defunct: The issuer, HSBC, says there’s nothing it can do … and so does John Lewis Finance
theguardian.com/money/2023/may/18/i-cant-get-my-refund-as-john-lewis-mastercard-is-now-defunct
HSBC Shares Tumble in Hong Kong on Risky Bond Exposure Concerns: HSBC Holdings Plc led declines among financial stocks listed in Hong Kong as worries over risky ...
bloomberg.com/news/articles/2023-03-20/hsbc-shares-tumble-in-hong-kong-on-risky-bond-exposure-concerns
HSBC is buying SVB’s UK business for just over $1: HSBC has scooped up the UK arm of Silicon Valley Bank for £1 ($1.2), just days after its business in the ...
cnn.com/2023/03/13/investing/svb-uk-business-deal-intl-hnk/
HSBC Is Feeling the Vibe Shift in China Tech Deals: Hello, it’s Manuel Baigorri in Hong Kong, where I sat down with a top HSBC tech banker to hear about the ...
bloomberg.com/news/newsletters/2023-04-27/hsbc-is-feeling-the-vibe-shift-in-china-tech-deals
To the Moon? Emojis can be financial advice, says judge: QED, NFTs are securities
theregister.com/2023/02/27/emoji_financial_advice/
HSBC Riles Hong Kong Bankers With Plan to End Private Offices: Senior investment bankers at HSBC Holdings Plc in Hong Kong could lose their private offices as ...
bloomberg.com/news/articles/2023-02-28/hsbc-riles-hong-kong-bankers-with-plan-to-end-private-offices
HSBC complicit in Hong Kong rights abuses, inquiry by UK politicians concludes: An inquiry by UK MPs and peers has concluded that British banking giant HSBC has ...
hongkongfp.com/2023/02/11/hsbc-complicit-in-hong-kong-rights-abuses-inquiry-by-uk-politicians-concludes/
HSBC Is Betting Big on India's $400 Billion Pile of Wealth: The bank is planting its sights more firmly on the ultra-rich in India.
bloomberg.com/news/articles/2023-02-09/hsbc-bets-big-on-india-s-400-billion-pile-of-wealth
Hong Kong banks offer staff generous gifts and ‘return-to-work’ lai see: Hong Kong’s biggest banks plan to present lai see, gift hampers and tickets to ...
scmp.com/business/banking-finance/article/3207581/year-rabbit-2023-hsbc-citibank-standard-chartered-among-lenders-offering-staff-generous-return-work
UK Lawmakers Attack HSBC’s Treatment of Hong Kong Immigrants: A committee of UK lawmakers criticized HSBC Holdings Plc’s treatment of Hong Kong customers who ...
bloomberg.com/news/articles/2023-02-08/uk-lawmakers-attack-hsbc-s-treatment-of-hong-kong-immigrants
Standard Chartered/First Abu Dhabi Bank: better performance is no guarantee of a deal on.ft.com/3X3QfC4 | opinion
Ending finance for new oil and gas drilling projects is the minimum banks should do
qz.com/hsbc-stop-funding-new-oil-and-gas-projects-1849902583
HSBC strains reach breaking point: The bank’s days as the financial embodiment of globalisation are over
ft.com/content/80fd0450-9100-4c40-a579-1bdd4d2f1340
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Martin Lewis advice for best bank switches to get hundreds for free: The consumer champion said the change could help households cover the post-Christmas ...
walesonline.co.uk/news/uk-news/martin-lewis-recommends-best-bank-25693096
HSBC elevates Elhedery to CFO in surprise CEO-in-waiting move: HSBC (HSBA.L) named Georges Elhedery as its new chief financial officer on Tuesday in a surprise ...
reuters.com/business/finance/hsbc-q3-pretax-profit-falls-42-impairments-2022-10-25/
Hong Kong’s financial summit ends on upbeat note as attendees bid farewell to Covid-19’s restrictions and...
scmp.com/business/banking-finance/article/3198312/hong-kongs-financial-summit-ends-upbeat-note-attendees-bid-farewell-covid-19s-restrictions-and-head
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HSBC climate change adverts banned by UK watchdog: The regulator said two of the bank's posters “omitted material information and were therefore misleading".
bbc.com/news/business-63309878
HSBC, Standard Chartered kick-start third-quarter bank reporting with eyes on margins, loan losses amid...
scmp.com/business/banking-finance/article/3196798/hsbc-standard-chartered-kick-start-third-quarter-bank-reporting-eyes-margins-loan-losses-amid
Paid articlePaid HSBC’s third-quarter profit falls 46 per cent as Hong Kong and UK, its two biggest markets, face economic...
scmp.com/business/banking-finance/article/3197148/hsbcs-third-quarter-profit-falls-46-cent-hong-kong-and-uk-its-two-biggest-markets-face-economic
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Major banks are bullish on Hong Kong's economy and China growth prospects: Major lenders are confident in the rebound of Hong Kong's and China's economy ...
cnbc.com/2022/11/02/standard-charted-hsbc-bullish-on-hong-kong-and-china-economy.html
I fear rejection if I reapply for my John Lewis credit card: My sister-in-law was turned down when she did so after it changed provider from HSBC to NewDay
theguardian.com/money/2022/sep/19/i-fear-rejection-if-i-reapply-for-my-john-lewis-credit-card
HSBC to raise best lending rate to 5.125% after HK rate hike: HSBC Holdings (0005.HK), said on Thursday it raised its best lending rate in Hong Kong by 12 ...
reuters.com/business/finance/hsbc-raise-best-lending-rate-5125-after-hk-rate-hike-2022-09-22/
HSBC, Standard Chartered among major Hong Kong banks offering higher deposit rates of up to 3 per cent to...
scmp.com/business/article/3192206/hsbc-standard-chartered-among-major-hong-kong-banks-offering-higher
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NatWest to close branch on Lowther Street in Whitehaven: A banking giant has announced its departure from a town’s high street as customers switch to online ...
newsandstar.co.uk/news/23041653.natwest-close-branch-lowther-street-whitehaven/
Prudential pivots to Asia just as regional storm clouds gather: Looming downturn, geopolitical instability and pandemic restrictions all weigh on insurer’s new ...
ft.com/content/1f2acd65-8b97-45a3-8a0f-924e9561a986
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Natwest, Lloyds, HSBC and Barclays customers could be due a refund: The Competition and Markets Authority said the banks had breached rules
lincolnshirelive.co.uk/news/local-news/natwest-lloyds-hsbc-barclays-customers-7375339
HSBC hard sells growth plan to disgruntled investors after rebuffing breakup: HSBC executives on Tuesday defended the lender's strategy to operate as a global ...
reuters.com/business/finance/hsbc-gears-up-meet-hong-kong-investors-after-pushing-back-break-up-call-2022-08-02/
What are numberless cards, and could they help stop fraud? - Which? News: Banks such as Chase are issuing blank debit and credit cards as a security
measure
which.co.uk/news/article/what-are-numberless-cards-and-could-they-help-stop-fraud-aRWPO5X5pYbo
HSBC revamp plan shows Ma’s thirst for change: Ping An boss unhappy with bank’s performance
thestar.com.my/business/business-news/2022/08/13/hsbc-revamp-plan-shows-mas-thirst-for-change
The Cheshire towns where bank branches have been lost or are set to close: Several bank closure announcements have been made over the past year
cheshire-live.co.uk/news/chester-cheshire-news/cheshire-towns-bank-branches-been-24907636
HSBC posts second-quarter surprise as profit jumps unexpectedly by 61 per cent on deferred tax gain...
scmp.com/business/banking-finance/article/3187268/hsbcs-second-quarter-profit-jumps-unexpectedly-61-cent
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Top banker quits HSBC after suspension over climate-change comments: Stuart Kirk, the global head of responsible investing at
scmp.com/business/banking-finance/article/3184521/top-banker-quits-hsbc-after-suspension-over-climate-change
Saturday Special: The biggest money laundering scandals in banking: Financial watchdog the FCA warned challenger banks earlier this year to stop cutting corners ...
cityam.com/city-special-the-biggest-money-laundering-scandals-in-banking/
After US fed hike, Hong Kong raises benchmark interest rate by 75 basis points | Mint
livemint.com/news/world/after-us-fed-hike-hong-kong-raises-benchmark-interest-rate-by-75-basis-points-11658967964299.html
These banks in south London to close very soon- full list: SOME bank branches across south London are set to permanently close their doors.
richmondandtwickenhamtimes.co.uk/news/20613227.banks-south-london-close-soon--full-list/
Exclusive: Pro-democracy activist Nathan Law labels HSBC a ‘cheerleader’ for Chinese Communist Party
cityam.com/exclusive-pro-democracy-activist-nathan-law-labels-hsbc-a-cheerleader-for-chinese-communist-party/
The Cost of Living scam that could drain your bank account: People are being targeted by crooks wanting to harvest their person details
leicestermercury.co.uk/news/uk-world-news/cost-living-scam-could-drain-7385891
Lloyds, HSBC, Barclays and NatWest to close branches by September - full list: Ninety bank branches across the UK are to close by Septmeber as more customers ...
blackpoolgazette.co.uk/read-this/lloyds-hsbc-barclays-and-natwest-to-close-branches-by-september-full-list-3768011
Exclusive: HSBC feels the heat after senior banker downplays climate risk: HSBC (HSBA.L) is facing queries from customers about its commitment to fight climate ...
reuters.com/business/sustainable-business/exclusive-hsbc-clients-query-bank-climate-one-review-engagement-sources-2022-05-27/
Ringgit inches up against US dollar at opening: KUALA LUMPUR: The ringgit inched up against the US dollar on Wednesday, albeit at a slower pace ...
thestar.com.my/business/business-news/2022/06/08/ringgit-inches-up-against-us-dollar-at-opening
Sainsbury’s under new pressure to pay living wage for all workers: Queen’s bank Coutts plus Coal Pensions Board join others such as L&G and HSBC backing ...
theguardian.com/business/2022/jun/26/sainsburys-under-new-pressure-to-pay-living-wage-for-all-workers
Exclusive: HSBC feels the heat after senior banker downplays climate risk: HSBC (HSBA.L) is facing queries from customers about its commitment to fight climate ...
reuters.com/business/sustainable-business/exclusive-hsbc-clients-query-bank-climate-one-review-engagement-sources-2022-05-27/
Eating Out: Ontano Lounge, Northallerton in ex-HSBC bank: WHAT is going on in Northallerton? You wait 25 years for new eating places to open and then all of a ...
darlingtonandstocktontimes.co.uk/news/20225677.eating-ontano-lounge-northallerton-ex-hsbc-bank/
Cwmbran woman wins royal award from Prince of Wales: A CWMBRAN woman has received an award from the Prince of Wales recognising the way in which she has turned ...
southwalesargus.co.uk/news/20165002.cwmbran-woman-wins-royal-award-prince-wales/
UK banks no longer ‘too big to fail’ but sector still has room for improvement: All of the UK’s top banks would survive a major financial shock ...
cityam.com/uk-banks-no-longer-too-big-to-fail-but-sector-still-has-room-for-improvement/
Barclays to close down town centre bank: Barclays has announced it will close down one of its Kent banks this autumn due to a dramatic fall in walk-in customers.
kentonline.co.uk/herne-bay/news/barclays-to-close-down-town-centre-bank-268833/
Bank of England warns major lenders to tighten contingency plans: After the controversial state bailout of major lenders, the Bank of England wants to cast ...
businessinsider.com/bank-of-england-warns-needed-improvements-for-major-lenders-2022-6
HSBC fires London trader for phone messages showing comped tickets to sporting event, among others
fortune.com/2022/06/15/hsbc-london-trader-phone-messages-surveillance/
Shirley could become ‘Las Vegas of care homes’ in decline: Another bank closure on Shirley high street sparks questions around sustainability in the town centre
birminghammail.co.uk/news/midlands-news/high-street-decline-could-see-24192766
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