HSBC Holdings plc Sponsored ADR (HSBC)
HSBC economist says he prefers countries with a strong domestic market in light of tariff risks
Frederic Neumann, chief Asia economist and co-head of global research for Asia at HSBC, says he favors countries with a strong domestic economy and limited external trade exposure in the near term, given the uncertainty of how the incoming Trump administration will implement tariffs.
HSBC starts search for next chairman, Sky News reports
UK-headquartered HSBC Holdings' board has appointed headhunters to start the recruitment of its next chairman to succeed Mark Tucker, Sky News reported on Saturday.
TD Bank taps HSBC Canada's former chief compliance officer, sources say
TD Bank has hired Georgia Stavridis from Royal Bank of Canada to become a vice president in financial crimes risk management, a newly created role, three sources told Reuters.
Exclusive: HSBC pulling back from China credit card business after struggling to expand, sources say
HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second-largest economy, sources with knowledge of the matter said.
HSBC loses court challenge against $33.4 mln EU cartel fine
Europe's second-top court on Wednesday rejected HSBC's challenge against a 31.7 million euro ($33.4 million) fine imposed by EU antitrust regulators three years ago.
Expect RBNZ to 'slow down' pace of monetary easing in 2025: HSBC
Paul Bloxham of HSBC explains why he expects the Reserve Bank of New Zealand's official cash rate to lower to 3.25% by the end of 2025.
There's more room for risk assets to rally — focus on policy, not politics, HSBC says
The backdrop for stocks is supportive despite the day-to-day Washington machinations
HSBC sustainability head leaves the bank
HSBC on Monday said Celine Herweijer has taken the decision to step down as group chief sustainability officer, weeks after a management reshuffle which saw her role removed from the bank's executive committee.
HSBC stops processing all Russia payments for retail customers
HSBC has stopped processing all payments from Russia or Belarus for personal banking customers, a spokesperson for the bank confirmed on Friday.
Emily Turner appointed CEO of HSBC Innovation Banking UK
HSBC has appointed former Citi banker Emily Turner as CEO of its Innovation Banking UK arm, the tech-focused business unit which it created following its acquisition of the British business of failed U.S. lender Silicon Valley Bank.
HSBC Holdings eyes mass affluent with new account
HSBC Holdings PLC (LSE:HSBA) is reintroducing its Premier wealth banking brand in the UK, focusing on "mass affluent" clients with £100,000 to £2 million available for investment, according to Reuters, citing José Carvalho, head of UK Wealth and Personal Banking. The updated Premier service provides 24/7 customer support, financial planning tools, and lifestyle benefits, including travel perks.
HSBC relaunches 'Premier' brand in UK in pursuit of wealthy clients
HSBC is relaunching its 'Premier' wealth banking brand in Britain, targeting so-called mass affluent customers who have between 100,000 and 2 million pounds ($2.5 million) to invest.
