You Searched For "HSBC" and got 18 results
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1 min read
An HSBC banker reportedly sent a 48-page report to his bosses highlighting claims of racism at the firm, including comments like 'It's never been harder … being a white man in banking'
The report, based on the banker's interviews with 100 coworkers, claimed HSBC has "abnormal levels …
Tyler Sonnemaker
2 mins read
HSBC will end all funding for the coal industry by 2040, narrowly avoiding revolt among climate conscious-investors
Pressure from ShareAction and activist investors prompts HSBC to end financing of the coal industry…
Sophie Kiderlin
2 mins read
Russia holdout HSBC has cut references to a 'war' in Ukraine from its analyst research reports, the FT says
Committees at the research department at HSBC — which is under pressure to exit Russia — have softe…
Hamza Fareed Malik
2 mins read
HSBC jumps 10% in its biggest daily rise since 2009 after China's Ping An boosted its stake despite political tensions
HSBC, which is based in London but makes much of its money from Asia, has been caught up in a swirl…
Shalini Nagarajan
2 mins read
HSBC has closed its main office in Hong Kong after an outbreak of COVID-19 at a gym
Guards wearing masks, face shields and protective clothing stood in front of the entrances to HSBC'…
Kate Duffy
1 min read
HSBC acquires UK arm of Silicon Valley Bank for £1
HSBC says that the transaction "completes immediately" and will be funded from existing resources. …
2 mins read
HSBC scraps individual offices for execs and tells them to 'hot desk' instead as part of its post-pandemic work plan
HSBC executives at the bank's London HQ have been moved two storeys down and have to "hot desk" as …
Kate Duffy
1 min read
HSBC suspends senior exec after he called warnings about the climate crisis 'unsubstantiated' and 'shrill,' a report says
Stuart Kirk said in a presentation that throughout his long career in finance, there was "always so…
Beatrice Nolan
1 min read
HSBC under scanner for hiring people related to government officials
The bank hasn’t disclosed the specific country where such hirings could have been made. However it …
3 mins read
US growth prospects may overtake investor risk appetite as the biggest factor driving the dollar, says HSBC
The dollar's rally after last week's jobs data offers another indication that recovery prospects ar…
Carla Mozée
1 min read
HSBC bans clients from buying shares of MicroStrategy, which has become known for its massive bitcoin purchases
In a note to a client, the bank said while the account can hold and sell shares of MicroStrategy, i…
Isabelle Lee
2 mins read
HSBC's profits dive 67% in the second quarter as COVID-19 and US-China geopolitical trade risk hit the lender
The British bank reported profit before tax of $1.1 billion, 67% lower than the $3.2 billion it mad…
Saloni Sardana
2 mins read
HSBC staff in Hong Kong can now reportedly work 4 days a week from home — and they'll get a $322 allowance to set up a home office
HSBC gave Hong Kong staff three options, per a memo seen by Bloomberg: Working mainly from home, ma…
Grace Dean
1 min read
Here Comes HSBC China PMI...
The recent strength in the industrial production data is also positive for manufacturing. And an i…
Mamta Badkar
1 min read
HSBC China PMI Declines To 50.4
"The final February HSBC manufacturing PMI suggests a slower pace of expansion," said Hongbin Qu, c…
Mamta Badkar
2 mins read
HSBC lost nearly $200 million in a single day amid gold-market turbulence
When the coronavirus pandemic slammed gold's supply chain, prices in different locales sharply diff…
Ben Winck
2 mins read
India's Jan services PMI hits 6-month high amid strongest upturn in new business since mid-2023
The services sector growth in India rose to a six-month high in January as new business expanded at…
PTI
2 mins read
India's manufacturing sector growth climbs to 4-month high in Jan on sharper upturn in new orders
India's manufacturing sector growth climbed to a four-month high in January as a sharper upturn in …