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The Hongkong and Shanghai Banking Corporation (HSBC)
Environmental, Social and Governance
HSBC shelves plans for trading, financing carbon credits
A carbon credit is supposed to represent 1 metric ton of emissions that have been avoided, reduced or removed from the atmosphere.
6 days ago
Fintech
Atome Financial secures another US$200 mil syndicated credit facility from HSBC
The fintech group had secured a US$100 million facility from HSBC in 2022 to expand its payments business across Asia.
8 days ago
Banking & finance
HSBC to buy back US$3 bil shares as profit beats estimates
Third-quarter pretax profit rose 9.9% from a year earlier to US$8.48 billion, beating estimates, according to a statement.
30 days ago
Banking & finance
HSBC streamlines business divisions, names first female CFO
The lender also announces Pam Kaur as its first-ever female CFO, as new CEO Georges Elhedery seeks to trim costs.
October 22, 2024
Banking & finance
HSBC mulls combining commercial, investment bank to cut costs
No final decisions have been made and details of any potential restructuring could still change, the people said.
September 09, 2024
Digital Economy
MAS, banks and tech companies to jointly work on quantum security
MAS and participating banks will experiment with Quantum Key Distribution (QKD) solutions jointly provided by SPTel and SpeQtral.
August 14, 2024
Startups, Entrepreneurs, Digital economy
Why banks need to understand complexities that are facing early-stage, fast-growing businesses, says HSBC
The path ahead necessitates a paradigm shift in how we perceive and engage with startups within our financial ecosystem: HSBC.
June 15, 2024
Banking & finance
HSBC Life unveils new universal life plan targeting high and ultra high net worth individuals
The HSBC Life Diamond Prestige IUL’s index account offers customers higher returns from the global equity market.
May 14, 2024
Banking & finance
HSBC cuts a dozen investment bankers in Asia on deals slump
The London-based lender cut around a dozen bankers across its investment banking division in Asia on Tuesday.
April 16, 2024
IPO
HSBC’s top banker sees muted recovery for HK stock offerings
Initial public offerings have been depressed in Hong Kong, with proceeds slumping to the lowest in more than two decades last year
April 05, 2024