Business
IFC, HSBC inks US$1 billion risk-sharing facility to boost trade financing in emerging markets
The two will equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countries THE International…
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HSBC
Business
IFC, HSBC ink US$1 billion risk-sharing facility to boost trade financing in emerging markets
The two will equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countries THE International…
Business
HSBC raised fraud alarm that sparked collapse of fintech Stenn
A FINANCE firm backed by several influential Wall Street investors collapsed last week after HSBC Holdings discovered some of the…
Business
HSBC starts search for next chairman: report
HSBC’s board has appointed headhunters to start the recruitment of its next chairman, Sky News reported on Saturday (Nov 30), with…
Business
HSBC pulling back from China credit card business after struggling to expand: sources
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…
Culture
HSBC loses court challenge against 31.7 million euro EU cartel fine
HSBC on Wednesday (Nov 27) lost its challenge against a 31.7 million euro (S$44.8 million) EU cartel fine after Europe’s second top court…
Business
HSBC sustainability chief leaves after executive committee role dropped
HSBC’s chief sustainability officer, Celine Herweijer, has stepped down, the bank said on Monday (Nov 25), weeks after a management…
Business
HSBC shelves plans for trading, financing carbon credits
HSBC Holdings has abandoned plans to build a carbon credits desk, according to sources familiar with the matter, as Europe’s biggest bank…
Business
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…
Business
HSBC managers are competing to keep their jobs in CEO’s revamp
HSBC Holdings has asked hundreds of managers to reapply for jobs in the firm’s newly formed corporate and institutional banking division…
Business
HSBC asks hundreds of managers to reapply for jobs in bank revamp
HSBC Holdings has asked hundreds of managers to reapply for jobs in the firm’s newly formed corporate and institutional banking (CIB)…
Business
HSBC already fears new downsized London HQ will prove too small
HSBC Holdings is still two years away from a planned move to a smaller City of London headquarters, but executives are already concerned…