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.

Deutsche Bank hires former HSBC head

Tse Yi-Mun will lead the bank’s north Asia branch as its managing director and group head.

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Deutsche Bank hires former HSBC head

Tse Yi-Mun will lead the bank’s north Asia branch as its managing director and group head.

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MAS, Singapore banks build digital platform against money laundering

This will allow sharing of customer and transaction data on money laundering cases.

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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.

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HSBC Singapore unveils enhanced int'l benefits for premier customers

Customers’ immediate family can enjoy a suite of benefits with no minimum balance required.

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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.

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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.

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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.

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Weekly Global News Wrap: HSBC sells French retail arm; Goldman Sachs floats Britain transaction bank

And Visa agrees to buy banking platform Tink.

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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.

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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.

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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.

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HSBC Singapore appoints new board directors

CEO Wong joins as executive director, and a retired EY partner also joins the board.

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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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HSBC plans to split leadership of Asia with two co-heads: report

Wong protege David Liao and India’s Surendra Rosha are rumored to become co-heads.

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