HSBC

HSBC Switzerland breached money laundering rules: Swiss watchdog
HSBC Switzerland breached money laundering rules: Swiss watchdog
FINMA, the Swiss financial watchdog, said on Tuesday (Jun 18) that the local HSBC branch has breached its obligations in the prevention of money laundering in connection with two...
HSBC to boost stake in China fund venture to become majority owner
HSBC to boost stake in China fund venture to become majority owner
HSBC Holdings agreed to buy part of its partner’s stake in a China fund venture, becoming a majority shareholder and adding to its expansion in the world’s second-largest economy....
HSBC adds over 300 to China headcount after Citi wealth acquisition
HSBC adds over 300 to China headcount after Citi wealth acquisition
HSBC said on Tuesday (Jun 11) it had boosted its headcount in China by more than 300, as the Asia-focused lender completed the acquisition of Citigroup’s consumer wealth portfolio...
UBS, HSBC urge China to expand wealth links with Hong Kong
UBS, HSBC urge China to expand wealth links with Hong Kong
Hong Kong’s central bank chief and executives at UBS Group and HSBC called for the expansion of wealth links between the city and mainland China, months after a key...
HSBC bolsters Saudi Arabia investment banking team to tap deals boom
HSBC bolsters Saudi Arabia investment banking team to tap deals boom
HSBC Holdings named new heads for two of its investment banking businesses in Saudi Arabia to bolster its position in a hot spot for deal activity. Mehdi Benabdallah has been...
HSBC opening 3 wealth centres in Singapore as part of pivot to wealth banking
HSBC opening 3 wealth centres in Singapore as part of pivot to wealth banking
HSBC plans to open three wealth centres in Singapore by the first quarter of 2025, as part of its strategy to build its international and wealth propositions. The bank...
HSBC opening 3 wealth centres in Singapore as part of pivot to wealth banking
HSBC to open 3 wealth centres in Singapore by Q1 2025 as part of pivot to wealth banking
HSBC plans to open three wealth centres in Singapore by the first quarter of 2025, as part of its strategy to build its international and wealth propositions. The bank...
Morgan Stanley taps HSBC, UBS for private wealth hires in HK
Morgan Stanley taps HSBC, UBS for private wealth hires in HK
MORGAN Stanley is beefing up its private wealth management business in Asia with two Hong Kong-based senior hires from rival banks. The Wall Street firm hired Edwin Lim as...
HSBC is making a Middle East wealth push after hiring 100 bankers
HSBC is making a Middle East wealth push after hiring 100 bankers
HSBC Holdings is courting private bankers as it seeks to expand its business of catering to the growing number of millionaires and billionaires moving to the Middle East. The...
HSBC completes sale of Russian unit to Expobank
HSBC completes sale of Russian unit to Expobank
HSBC has transferred ownership of its Russian unit to Expobank for an undisclosed fee, the two lenders said on Wednesday (May 29), ending around two years of negotiations and...