HSBC Holdings plc Sponsored ADR (HSBC)
HSBC Holdings plc (HSBC) Analyst/Investor Day Prepared Remarks Transcript
HSBC Holdings plc (HSBC) Analyst/Investor Day Prepared Remarks Transcript
HSBC retraining workforce as AI reshapes financial industry jobs
HSBC Chief Executive Georges Elhedery said on Wednesday that artificial intelligence would both eliminate and create jobs across the financial industry, as the bank moves to retrain employees to adapt to the technology-driven shift. Speaking at an investor day event, Elhedery said staff must embrace AI-led transformation rather than resist it, adding that the bank was focused on preparing employees for future demands.
HSBC CEO says AI will destroy and create new jobs, urges staff to embrace change
HSBC , Chief Executive Georges Elhedery said on Wednesday AI would destroy and create certain jobs in the financial industry, as the bank was focussed on retraining its workforce.
HSBC's $4 billion China bet: is clean tech entering a new boom?
HSBC has launched a $4 billion credit facility aimed at helping mainland Chinese companies in sustainable and transition technologies expand internationally. The new programme, announced on Monday, is designed to support firms operating in sectors including renewable energy, electric vehicles, artificial intelligence and data infrastructure as China accelerates its push into global clean technology markets.
HSBC Reaffirms $4 Billion Private Credit Bet
HSBC responded Friday (May 15) to a media report that it paused a $4 billion investment in its private credit funds, saying it remains committed to that business. “We are committed to our asset management's offering in private credit funds,” the bank said, according to a Friday report by Reuters.
HSBC pauses $4 billion private credit investment after fraud hit, FT reports
HSBC has paused a $4 billion investment into its own private credit funds, the Financial Times reported on Friday, more than a week after it took a $400 million hit linked to the collapse of British mortgage lender Market Financial Solutions.
‘Insurance policy was being cashed in' during Iran war gold liquidations, but demand remains strong – HSBC's Steel
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HSBC, BP and GSK combine in dividend-driven knock to Footsie
A clutch of heavyweight dividend payments knocked almost 20 points off the FTSE 100 on Thursday, with four of the index's biggest companies trading ex-dividend. HSBC Holdings PLC (LSE:HSBA) had the largest impact, removing 5.36 points from the blue-chip index as the shares traded without entitlement to the bank's latest 10-cent quarterly payout.
Trade Desk Just Got Hit Again: HSBC Downgrades to Reduce With $20 Price Target
HSBC downgraded Trade Desk (NASDAQ:TTD | TTD Price Prediction) to Reduce from Hold on Monday, attaching a $20 price target that sits below where shares have recently traded.
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The Opaque Private-Lending Deals That Left HSBC With a $400 Million Hole
The British bank turns out to be one of the most exposed lenders affected by the collapse of mortgage broker Market Financial Solutions, through a complex loan via a chain of special-purpose vehicles.
