Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Surprisingly, the Israeli-Iran crisis did not propel gold prices higher.
HSBC's arm has agreed to sell its German custody business to BNP Paribas as part of a broader effort to streamline global operations.
HSBC slashes its financial advice fee for UK premier clients to 1% as it ramps up perks and access for mass affluent investors.
HSBC grows 18.3% year to date, fueled by Asia expansion strategy and restructuring efforts despite rising costs.
HSBC Holdings is restructuring to prioritize high-return regions like Hong Kong, India, and the Middle East, scaling down in Europe and the US. The bank is already a leading ECM underwriter in the Middle East and North Africa, reinforcing its regional strength. Hong Kong is witnessing a sharp rebound in IPO activity after lackluster years in 2023 and 2024.
HSBC's stock (NYSE: HSBC) has performed quite well this year, increasing by approximately 21% since the beginning of January. In comparison, its competitor JP Morgan (NYSE: JPM) is only up about 10% during the same timeframe.
Is HSBC's $1.5B cost-cutting plan and Asia growth bet enough to make the stock worth owning now? Let's find out.
HSBC UK Private Banking rolls out Addepar to elevate client reporting and serve high-net-worth clients with deeper insights.
HSBC to invest $4 billion in private credit funds as it pivots from traditional lending to higher-margin opportunities.
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.