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HSBC makes surprise succession move as forecasts hit shares
Reuters via Yahoo Finance· 2 years agoLONDON/SINGAPORE (Reuters) -HSBC named Georges Elhedery as its new chief financial officer on...
HSBC rebuffs break-up calls and pledges to boost dividends
The Independent via Yahoo News· 2 years agoHSBC has come out fighting against calls by its largest shareholder for a break-up of the banking...
HSBC Q3 Pre-Tax Earnings Decline Y/Y Despite Revenue Growth
Zacks via Yahoo Finance· 2 years agoHSBC Holdings HSBC reported a third-quarter 2022 pre-tax profit of $3.1 billion, down 41.8% from the...
HSBC Agrees on Revised Terms to Sell French Unit to Cerberus
Zacks via Yahoo Finance· 1 year agoHSBC agrees upon revised terms for the sale of its unprofitable French retail unit to...
HSBC's third-quarter pre-tax profit misses estimates on hedging charges, bad loans to China's...
South China Morning Post via Yahoo Finance· 8 months agoHSBC, the biggest of Hong Kong's three currency-issuing banks, missed third-quarter profit estimates...
Loss of HSBC Canada as competitor in mortgage space could raise costs for everyone, industry...
Financial Post via Yahoo Finance· 2 years agoHSBC Canada has become a feisty competitor to Canada’s largest banks since entering the residential...
HSBC buys UK arm of Silicon Valley Bank after collapse – latest updates
The Independent UK via AOL· 1 year agoThe UK arm of collapsed US lender Silicon Valley Bank has been bought by HSBC after the government...
HSBC takes $500 million hit on Chinese real estate and warns of risk of ‘further deterioration’
CNN Business via Yahoo Finance· 8 months agoHSBC warned Monday that China’s property market has “potential for a further deterioration” as it reported profits that fell short of expectations, partly because of a $500 million charge to cover potential losses on commercial real estate loans.
HSBC Q1 Pre-Tax Earnings Improve as Revenues Rise, Costs Fall
Zacks via Yahoo Finance· 1 year agoHSBC Holdings HSBC reported a first-quarter 2023 pre-tax profit of $12.89 billion, up significantly...
Higher borrowing costs help more than double HSBC’s quarterly profit
PA Media: Money via Yahoo Finance· 8 months agoHigher borrowing costs have helped more than double HSBC’s quarterly profits, despite the banking...