HSBC

London-headquartered and Shanghai Banking Corporation, or HSBC, is one of the world's biggest financial institutions. Founded on 1865 in Hong Kong, it is now the second largest bank in Europe, just behind BNP Paribas.
See below for the Latest HSBC News, Analysis, Profit Results, Share Price Information, and Commentary.

MAS unveils open-source toolkit for responsible AI-use in finance

It was supported by the collaborative effort of the association of 31 industry players.

MAS forms Project Guardian Industry Group with 11 FIs

The report explores the application of CPMI-IOSCO principles for financial sector infrastructures to emerging models of digital asset networks. 

Five HK banks, HKECIC team up to underwrite risk on domestic sales in China

The collaboration targets to boost insurance protection for Hong Kong exporters.

HSBC names Paul Jeremy Brough as independent non-exec director

Brough is also an independent non-exec director of Guoco Group and Toshiba.

HSBC winding down wealth, personal banking business in New Zealand

The bank can no longer justify investing into this business, it said in a statement.

HSBC plans to become top choice for VCs: report

It also plans to expand its focus to the Singapore market.

HSBC, FreightAmigo launch Ship Now, Pay Later in Hong Kong

Users will be able to utilise the digital logistics platform and choose extended payment terms.

HSBC names new South Asia head of wealth and personal banking

Kai Zhan g will be responsible for expanding wealth management across South Asia.

HSBC appoints Wing Tai Properties CEO as independent non-executive director

Cheng has also been named to HSBC’s remuneration committee and risk committee.

Hang Seng Bank, Visa to test CBDC use cases in Hong Kong

The three will collaborate to explore the feasibility of tokenised deposits.

HSBC SG partners with Mastercard for travel credit card

It aims to provide convenience for travellers due to the rise in post-pandemic traffic.

Singapore’s NETS boosts touchless payment options

Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.

HSBC penalised by India's central bank

The bank reported inaccurate credit information for several expired credit cards.

HSBC study: What type of wealth succession do Chinese entrepreneurs prefer?

56% of the surveyed hope to achieve risk isolation through family trusts.

HSBC Singapore, MSIG enter 15-year bancassurance partnership

MSIG will distribute commercial and personal insurance solutions to HSBC’s SG customers.