HSBC
HSBC to book US$1 billion pre-tax loss from sale of Argentina business
HSBC Holdings said on Tuesday (Apr 9) it will sell its Argentina business and record a US$1 billion pre-tax loss from the divestment in the first quarter of fiscal...
HSBC’s Quinn targets lifting wealth business in China, India
HSBC Holdings’ top boss said he is pushing to improve his firm’s wealth management capabilities in China and India to be on par with its key market of Hong...
HSBC helps funds navigate India’s bond market as inclusion nears
HSBC Holdings is engaging with over 200 overseas funds to help establish their presence in India ahead of the nation’s entry into global debt indexes.The bank is among custodians...
HSBC chairman says Asia business spinoff ‘will not happen’
HSBC chairman Mark Tucker told the bank’s shareholders in Hong Kong on Wednesday (Apr 3) that a spinoff of its Asian business will not happen.“There is no appetite among...
HSBC chairman says Asia business spinoff ‘will not happen’
HSBC chairman Mark Tucker told the bank’s shareholders in Hong Kong on Wednesday (Apr 3) that a spinoff of its Asian business will not happen.“There is no appetite among...
Alibaba-backed fintech Akulaku secures HSBC financing, aims for double-digit growth
SOUTH-EAST Asian online lending platform Akulaku, which is backed by China’s Alibaba, secured US$100 million of debt financing from London-based HSBC, Akulaku’s CEO said, as it aims to make...
HSBC to hire almost 50 bankers for startup, venture lending in US
HSBC is planning to recruit about 50 more bankers in its US commercial bank to lend to startup companies, mainly in the technology and healthcare sectors, according to a...
HSBC makes key hires to boost ultra-high net worth market growth in Asia
HSBC Global Private Banking has made two senior hires, who form part of a dedicated team serving the bank’s ultra-high net worth (UHNW) clients. The bank appointed Kerri Lim...
