HSBC is set to shut down its U.S. business banking portfolio as it refocuses on operations in Asia and the Middle East.
HSBC is reportedly winding down its business banking unit in the U.S. as it sharpens its focus on other markets. As it disbands the business banking unit, which served small and medium-sized businesses (SMBs) in the U.S.
Does Santander's aggressive business transformation strategy steal the spotlight from HSBC's bet on the Asia pivot plan? Let's find out.
Saudi Arabia's $600 billion U.S. investment commitment is one factor that could drive upside in 2026, though the outlook for this year is less clear.
HSBC has culled more than two dozen analysts in recent days as Europe's largest lender deepens a restructuring of its investment banking businesses, according to people familiar with the matter. Those affected by the move include Steven Major, HSBC's Dubai-based global head of fixed income research, the people said, asking not to be identified discussing confidential information.
HSBC is set to cut 348 jobs in France as part of its cost-saving plan, under which it aims to streamline operations and enhance efficiency.
HSBC's Q1 earnings performance is decent. Does its business restructuring plan and Asia pivot strategy make the stock worth buying?
HSBC's first-quarter 2025 results fall on lower NII and other operating income and higher ECL charges. Yet, lower costs and higher fee revenues are positives.
HSBC Holdings plc (NYSE:HSBC ) Q1 2025 Earnings Conference Call April 29, 2025 2:45 AM ET Company Participants Georges Elhedery - Group Chief Executive Officer Pam Kaur - Group Chief Financial Officer Conference Call Participants Benjamin Toms - RBC Capital Markets Joseph Dickerson - Jefferies Kunpeng Ma - China Securities Aman Rakkar - Barclays Bank PLC Jason Napier - UBS Kian Abouhossein - JPMorgan Amit Goel - Mediobanca Gurpreet Singh Sahi - Goldman Sachs Andrew Coombs - Citigroup Edward Firth - Keefe, Bruyette, & Woods Katherine Lei - JPMorgan Yan Jiahui - CICC Operator Welcome, ladies and gentlemen to the Analyst and Investor Webinar on the First Quarter Results for HSBC Holdings plc. For your information, this webinar is being recorded.
HSBC said on Tuesday that its stake in Bank of Communications (BOCOM) will drop to about 16% from 19.03%, and it will book a loss of up to $1.6 billion as a result of the Chinese bank's fundraising by private placement of shares.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does HSBC (HSBC) have what it takes?
HSBC is slated to announce Q1 earnings tomorrow. Let's find out how the company is likely to have fared.