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HSBC HOLDINGS PLC
360 ONE Wealth CEO Yatin Shah targets bigger share of India’s ultra-rich360 ONE WAM Ltd. seeks to grow its market share in India's wealth management sector. The firm currently manages nearly ten percent of the u...
HSBC wins $5.5 billion of NRI deposits via leveraged strategyHSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, ou...
UAE’s top bank to offer $1.5 billion for NRIs investing in RBI's forex deposit programFirst Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit sche...
Zepto said to face sharply lower valuation for IPOZepto Ltd. seeks a lower IPO valuation, reflecting industry cash burn concerns. Foreign investors indicate interest at $4.5 billion, while ...
Ather Energy said to plan $200 million share sale in IndiaElectric scooter maker Ather Energy is reportedly planning a significant share sale, aiming to raise to $200 million from institutional inv...
NSE eyes September launch for $3 billion IPO; marketing likely to begin next weekIndia's National Stock Exchange is gearing up for a massive Initial Public Offering, potentially one of the country's largest ever. Formal ...
Citigroup to sell China consumer wealth business to HSBCCitigroup has agreed to sell its China consumer wealth portfolio, including clients, assets under management, and deposits, to HSBC. The de...
HSBC to relaunch India private banking business within a year - executiveThe London-headquartered bank is preparing to relaunch the business in India at a time when its increasing its focus on Asia, which is the ...
Citi retreat highlights global banks’ struggle in China, IndiaIncreased rivalry from domestic lenders, especially in consumer financing, and fierce competition for top talent contributed to the challen...
Bonds in India head for losses with near-record debt sales seenThe relentless supply of sovereign debt has been the biggest hurdle for Indian bonds this fiscal year, as pandemic relief efforts took prec...
FTSE 100 falls as StanChart, HSBC slide on 'FinCEN' reportShares of HSBC Holdings Plc, already trading at decade lows, slid 3.2%. Standard Chartered Plc also dropped 3.2% to its lowest since 1998.
Gold rate rises as US Fed's comments spur safe haven demandGlobally, gold rose slightly as US stimulus talks and Federal Reserve Chair Jerome Powell's downbeat economic assessments supported the saf...
HSBC Q1 results: Profit halves on increased loan loss provisions due to coronavirus crisisEurope's biggest bank by assets said profit before tax came in at $3.21 billion for January-March, down from $6.21 billion a year ago and b...
HSBC set to nominate AIA's Mark Tucker as next chairman: SourcesA spokeswoman for the bank, Heidi Ashley, said HSBC will nominate a chairman this year, as announced at its annual meeting.
- U.S. report says HSBC handled Iran, drug money
"The culture at HSBC was pervasively polluted for a long time," said Senator Carl Levin, chairman of the U.S. Senate Permanent Subcommittee...
- HSBC in talks to acquire majority stake in Nedbank Group
Banking giant HSBC today said it has entered into "exclusive discussions" with Old Mutual Plc for potential acquisition of an around 70 per...
- HSBC shows interest in RBS, raises $18 bn from rights issue
Banking major HSBC Holdings Plc, which has raised $18 bn for expansion from rights issue, said it is looking at acquisition of Asian operat...