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HSBC CHINA OPERATIONS
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIt is probably time to be bullish as an investor. But remember two things. One: Valuations are still not cheap. Two: Because it is over and...
Airline ticket prices may stay high as carriers bank fuel relief from Iran dealA U.S.-Iran peace deal has lowered oil prices, promising billions in fuel savings for airlines. However, passengers may not see immediate f...
The AI trade trap: Why successful tech stocks are triggering a trillion-dollar market meltdown in Korea, TaiwanA sharp tech selloff exposed concentration risks in Asian markets, where chip giants such as TSMC, Samsung and SK Hynix dominate benchmarks...
Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...
PMI rises to 54.7; Inflation pressures mountIndia's manufacturing sector saw modest growth in April. New orders and production improved, boosting activity. However, rising costs due t...
Jindal Stainless Q4 Results: Co posts quarterly profit jump on strong domestic demandJindal Stainless has seen a significant profit increase of 42.7 percent in its fourth quarter. This growth is attributed to robust domestic...
India's factory growth stays sluggish in April amid war-led soaring costs, PMI showsIndia's manufacturing growth saw a slight uptick in April, reaching 54.7, but remained near a four-year low due to weak domestic demand and...
HSBC Private Bank slashes India stock exposure to buy gold amid Iran warHSBC Private Bank has cut its exposure to Indian equities, citing vulnerability to rising oil prices and global uncertainty amid the Iran c...
HSBC cutting staff numbers by 900 at China Pinnacle unit, sources sayHSBC is cutting its China digital wealth business Pinnacle by nearly half, reflecting challenges in boosting growth and profitability in th...
HSBC's top ranks house likely successor to CEO QuinnHSBC prepares for a new CEO as Noel Quinn retires. Mark Tucker oversees succession. Internal and external candidates considered. Women lead...
HSBC to acquire Citigroup China consumer wealth business -sourcesThe transaction, the financial details of which were not immediately known, will also see Asia-focussed HSBC taking over "a few hundreds" o...
HSBC is betting big on India's $400 billion pile of wealthThe bank is planting its sights more firmly on the ultra-rich in India, where the wealth held by billionaires has crossed $400 billion from...
Michael Pompeo blasts HSBC for 'corporate kowtows' over Hong KongUS Secretary of State Michael Pompeo criticised HSBC Holdings for backing China’s move to impose national security legislation in Hong Kong...
HSBC provides info on clients having accounts in India to USHSBC has provided available info in its possession to US authorities probing whether any US-based client used accounts in HSBC India to eva...
- HSBC's non-executive director Thornton to quit: Report
British banking group HSBC non-executive director John Thornton is set to step down from the board within six months, says a media report.
- HSBC may get to take over some branches of ABN
HSBC may get a go-ahead from the regulator to take over some of the branches of ABN Amro in India when it acquires the retail and commercia...
- HSBC in talks to buy RBS Asia assets including in India: Report
Financial services major HSBC Holdings Plc is in advanced talks to acquire the retail and commercial banking assets of Royal Bank of Scotla...
- HSBC to expand in China despite crisis
Global banking giant HSBC will continue expanding its China network, already the largest of any foreign lender, despite the financial crisi...
- HSBC India sees top-level reshuffle
A high-level reshuffle has begun at HSBC in India. Rajnish Bahl has taken over from Nicholas Winsor to head the personal financial services...
- India pumps it up for HSBC, profit up 85%
With corporates on a roll, India’s importance for global banks has grown manifold. India is now the 10th largest profit contributor for Eur...