HSBC

HSBC buys failed US bank SVB’s UK arm for £1

by Roland JACKSON The UK arm of failed US lender Silicon Valley Bank has been bought by HSBC for a…

HSBC bank sells Canadian ops for over US$10 bn

London, United Kingdom (AFP) HSBC has agreed to sell its Canadian division to Royal Bank of Canada for US$10.1 billion,…

Banks heavily finance oil firms despite climate goals: study

LONDON, United Kingdom (AFP) - European banks, while pledging to tackle carbon emissions, are heavily financing companies involved in the…

HSBC chief backs Hong Kong’s coronavirus isolation

SINGAPORE (AFP) -- The boss of Asia-focused lending giant HSBC backed Hong Kong's decision to mirror China's zero-Covid strategy on…

HSBC profits rise in 2019 but last quarter hit by trade jitters

by Elaine YU Agence France-Presse HONG KONG, China (AFP) -- Banking giant HSBC said on Tuesday that pre-tax profit rose…

HSBC pre-tax profit up 4.58% at $10.7 bn in first half

HONG KONG, China (AFP)--Banking giant HSBC said on Monday that pre-tax profit rose 4.58 percent to $10.7 billion in the…

HSBC reports $4.76 bn pre-tax profit in first quarter

HONG KONG, China (AFP ) -- Hong Kong banking giant HSBC said Friday that pre-tax profit dipped four percent to…

HSBC Q3 profits up five-fold to $4.6 bn on booming Asia

by Elaine Yu Agence France-Presse HONG KONG, China (AFP) -- Profits at banking giant HSBC leapt five fold in the third quarter…

HSBC pre-tax profit up 5% to $10.2 bn in first half 2017

HONGKONG, China (AFP) -- HSBC said profits were up Monday in the first half of the year in what it…

HSBC pre-tax profit slides but hails ‘good result’

HONG KONG, China (AFP) -- HSBC said on Thursday that pre-tax profit fell 19 percent in the first three months…

HSBC profits plunge as bank navigates political storms

LONDON, United Kingdom (AFP) - HSBC profits plunged last year on huge writedowns and restructuring charges, the banking titan said…

HSBC shares rally on profit results after cost-cutting drive

LONDON, United Kingdom (AFP) - HSBC shares rallied Monday in a positive response to quarterly profits after the British banking…

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