You Searched For "HSBC London" and got 20 results
Sort By:
2 mins read
SVB resolution reassuring, will bring relief to startups: IT minister Ashwini Vaishnaw
Amid the US administration's move to backstop collapsed Silicon Valley Bank's (SVB) deposits, IT mi…
PTI
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
2 mins read
Brace for an extended period of dollar weakness as the US economy is set to slow and the Fed will end rate hikes, HSBC says
"Slowing US growth and peak rates should cause the US dollar to start trending down again," the ban…
George Glover
2 mins read
HSBC crushes 1H profit estimates and slashes bad-loan buffer as the global economy recovers from COVID-19
Pretax profit for the first half of the year more than doubled to $10.8 billion, compared with the …
Shalini Nagarajan
1 min read
HSBC beats expectations with 79% jump in Q1 pre-tax profit as cautious outlook prompts credit loss reversal
Europe's largest lender said profit-before-tax came in at $5.8 billion, beating the $3.4 billion ex…
Shalini Nagarajan
1 min read
HSBC's profits plunge 45% as low interest rates and bad loans take their toll
Europe's biggest bank reported lower profits in three of its four divisions in 2020, but its gains …
Theron Mohamed
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
2 mins read
HSBC shares jump 5% after Europe's biggest bank reports slimmer credit losses and signals it could pay a dividend this year
"I'm pleased with the significantly lower credit losses in the quarter, and we are moving at pace t…
Theron Mohamed
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
4 mins read
What are the FinCEN files? Here's what to know about the leaked documents tying Wall Street banks to possible money laundering.
A consortium of journalists around the world collaborated to piece together a plethora of potential…
Graham Rapier
2 mins read
European bank shares tumble after leaked files unveil suspicious money flows worth over $2 trillion
FinCEN files claimed JPMorgan, Barclays Standard Chartered Deutsche Bank and BNY Mellon had the hig…
Saloni Sardana
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
UK bank Standard Chartered is setting up a cryptocurrency exchange as rival HSBC decides not to offer digital currencies to clients
"We have a strong conviction that digital assets are here to stay," said the head of the StanChart …
Carla Mozée
3 mins read
HSBC CEO: Brexit will push bankers making 20% of London revenue to Europe
"So the bigger issue, as you say, is about EU nationals, because we have about 2,100 EU nationals w…
Ben Moshinsky
1 min read
Climate protesters target JPMorgan's London offices, cracking windows with hammers and chisels
Extinction Rebellion activists were protesting against organizations, such as JPMorgan, that have i…
Kate Duffy
3 mins read
HSBC should ditch London and Hong Kong is the 'logical place' to go
HSBC's US$1.2bn potential levy is now more than a third of the total and rising. With the chancello…
Mike Bird
3 mins read
HSBC tanks the most since 2017 after announcing a $7.2 billion overhaul charge
The latest restructuring plan is HSBC's third in a decade, and comes amid a continued search for a …
Ben Winck
1 min read
HSBC is launching an 'immediate review' into leaving London over heavy taxes
HSBC is a substantial payer of corporation tax in the UK, but its board has become increasingly con…
Mike Bird
2 mins read
HSBC is sinking after the bank reported an 'unacceptable' 24% decline in profits in its latest earnings
"The revenue environment is more challenging than in the first half of 2019, and the outlook for re…
Yusuf Khan
2 mins read
HSBC's CEO is out in a shocking departure, and the firm is set to lay off thousands
John Flint, who has held the firm's top job for just 18 months, agreed to step down from his role i…