HSBC Holdings plc Sponsored ADR (HSBC)
HSBC considers insider Pam Kaur as first-ever female CFO, Bloomberg reports
HSBC Holdings Plc , is eyeing Pam Kaur as a forerunner among several top executives to potentially become the bank's first-ever female finance chief in its century-and-a-half-long history, Bloomberg News reported on Tuesday.
HSBC: Tech Sector Should Help Refund APP Fraud Victims
British banking giant HSBC wants the tech industry's help with new fraud reimbursement rules. The bank said the regulations expected to go into effect next month will not prevent fraud, The Guardian reported Sunday (Sept.
HSBC: RBA unlikely to cut rates before Q2 next year
Paul Bloxham, HSBC's Chief Economist of Australia, New Zealand & Global Commodities, talks about Australia's struggle with persistent inflation, especially in the housing space.
HSBC to Divest German Private Banking Business to BNP Paribas
HSBC announces an agreement to sell its Germany-based private banking business to BNPQY. This is part of its plan to focus on the Asia region.
BNP Paribas signs deal to buy HSBC private banking unit in Germany
BNP Paribas said on Monday it had signed a deal to buy HSBC's private banking unit in Germany which it expected to be finalised in the second quarter of 2025.
Interest rates down to 2.75% in 2025, predicts HSBC
HSBC Holdings PLC (LSE:HSBA) analysts reckon the Bank of England could lower interest rates to as low as 2.75% next year. The prediction comes after BoE policymakers held rates at 5% at yesterday's Monetary Policy Committee (MPC) meeting.
DiscoverIE valuation ‘attractive' reckons HSBC
HSBC has reaffirmed its buy rating on discoverIE Group plc following the company's capital markets day (CMD) on 11 September. Despite some observable short-term risks, the bank pointed to discoverIE's “attractive” valuation, underpinned by an 8-9% free-cash-flow yield at the current share price of 603p.
HSBC in talks to sell South Africa unit to FirstRand, Bloomberg News reports
HSBC Holdings is in talks to sell its South African corporate banking business to a unit of FirstRand , the country's largest lender by market value, Bloomberg News reported on Friday, citing people with knowledge of the matter.
HSBC reviews Malta business for possible sale
HSBC has launched a strategic review of its Malta business, the British bank said in a stock exchange filing on the local bourse on Wednesday, in a process which often leads to the sale or disposal of the asset under review.
HSBC Seeks Larger Share of UK Wealth Business, To Hire More Bankers
HSBC is on a hiring spree to recruit hundreds of bankers to serve rich clients in the U.K. as it seeks a larger share of the region's wealth management market.
HSBC Mulls Over Segment Realignment as a Step Toward Cost Efficiency
HSBC contemplates realigning its Commercial Banking and Global Banking and Markets divisions to trim costs and improve operating efficiency.
HSBC Reportedly Considers Commercial-Investment Bank Merger
Banking giant HSBC is reportedly considering a merger of its commercial and investment bank operations. The plan is part of new CEO Georges Elhedery's effort to eliminate overlapping roles across the company and reduce expenses, Bloomberg reported Monday (Sept.
