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.
HSBC appoints co-heads for commercial banking business in Asia: report
HSBC appoints co-heads for commercial banking business in Asia: report
Amanda Murphy will lead South Asia and SEA whilst Frank Fang, the GBA.
HSBC ahead of China wealth hiring targets, mulls re-entering India private banking
By end-2021, HSBC will have 64 working in its China onshore private banking.
HSBC invests $2b to be a ‘digital first’ bank
Part of that investment means partnering with more fintechs to create digital banking products.
HSBC Singapore extends S$6m green loan to Durapower Group
Durapower will use the loan for its lithium-ion energy storage solutions.
Deutsche Bank hires former HSBC head
Tse Yi-Mun will lead the bank’s north Asia branch as its managing director and group head.
MAS, Singapore banks build digital platform against money laundering
This will allow sharing of customer and transaction data on money laundering cases.
HSBC, Temasek partner to fund sustainable infrastructure projects in Asia
The two hope to dispense over US$1b of loans over the next five years.
HSBC Singapore unveils enhanced int'l benefits for premier customers
Customers’ immediate family can enjoy a suite of benefits with no minimum balance required.
Weekly Global News Wrap: HSBC’s US investment arm raises new analysts’ pay to $100,000; Citi, HSBC, other firms move to close Asia’s coal-fired plants
And JPMorgan’s new healthcare unit invests $50m in Vera Whole Health.
Hong Kong lenders gear up sustainability initiatives as post-pandemic era dawns
The total combined headcount across 18 banks in the city is down 2,000 from just 12 months ago.
Digitalisation creeping into non-tech roles as Singapore banks accelerate hiring
The sector will continue in a “reform and transform” path, hinging on successful digital banking applicants.
Weekly Global News Wrap: HSBC sells French retail arm; Goldman Sachs floats Britain transaction bank
And Visa agrees to buy banking platform Tink.
HSBC unveils new online trading platform for private bank clients in Asia
Clients can buy and sell securities in 10 markets worth up to US$10m daily.
HSBC aims to be Asia’s top wealth manager in five years: report
HSBC’s Trista Sun expects 500 million middle class Chinese by 2025.
Growing exodus of junior bankers poses talent shortage for banks in Asia: report
Even raises of up to 30% has failed to stop junior investment bankers from leaving.
HSBC Singapore appoints new board directors
CEO Wong joins as executive director, and a retired EY partner also joins the board.
Why the hybrid work model is here to stay for banks
Banks stand to lose on cost savings and even on attracting talent if they stubbornly push for the return of pre-pandemic work set-up.
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