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HSBC Holdings
China Focus
HSBC joins China payments system as nation pushes for yuan usage
HSBC Holdings has become a direct participant in China’s cross-border interbank payment system as the world’s second-largest economy pushes for greater use of the yuan.
October 25, 2024
Company in the news
Briefs: Keppel REIT, Mapletree Logistics Trust report results, CapitaLand Ascott Trust divests Tianjin property
Plus, Great Eastern to have until January to comply with free float rule, HSBC reorganises and Goldman Sachs says decade of S&P 500 gains is over.
October 23, 2024
Banking & finance
HSBC’s new CEO is looking to shake up Europe’s largest lender
“HSBC’s new CEO is using this opportunity to make many strategic cuts and structural changes.”
September 16, 2024
Banking & finance
HSBC said to explore sale of South Africa units to focus on Asia
The lender has been strengthening its Asian roots in a strategic pivot that has deepened over the past few years.
August 20, 2024
Banking & finance
HSBC still rolling in cash — at least for now
HSBC will likely pay a special dividend of 21 US cents a share upon the sale of its consumer business in Canada
February 22, 2024
Global stocks
Ping An Insurance Group: Riding safely on structural recovery
The company has overwhelming positive ratings from analysts
July 13, 2023
Investing strategies
What to know about the UK market this year
Despite the slowing down of the UK economy, the FTSE 100 index has maintained steadily with little fluctuation
June 08, 2022
Banking & finance
HSBC completes acquisition of AXA Singapore at consideration of US$529 mil
The acquisition is immediately accretive to the group’s earnings, says the bank.
February 11, 2022
Banking & finance
HSBC flags bigger investments in Asia after profit beat
HSBC's earnings beat estimates in the fourth quarter as the lender kept costs in check and signaled bigger investment in Asia.
February 23, 2021
Company in the news
HSBC said to be slashing up to 10,000 more jobs: reports
(Oct 7): HSBC Holdings is embarking on a cost-cutting drive that threatens as many as 10,000 jobs, the Financial Times reported, citing two people briefed on the matter.
October 07, 2019