HSBC

London-headquartered and Shanghai Banking Corporation, or HSBC, is one of the world's biggest financial institutions. Founded on 1865 in Hong Kong, it is now the second largest bank in Europe, just behind BNP Paribas.
See below for the Latest HSBC News, Analysis, Profit Results, Share Price Information, and Commentary.

Tokenization of trade assets to bridge financing gap

Blockchain technology could decentralize finance operations and allow easier credit access.

Tokenization of trade assets to bridge financing gap

Blockchain technology could decentralize finance operations and allow easier credit access.

HSBC Singapore names James Coyle as independent non-exec director

Coyle had previously served on the boards of HSBC UK and HSBC Trust.

Millennials, Gen Z embrace investing earlier than older gen

Financial security and family support are their top goals in investing.

SG banks, insurers customer experience quality unimproved in 2024

It's become difficult to distinguish leaders from laggards as the gap has narrowed.

HSBC’s profits after tax dip 2% to $17.7b in H1

The bank recognized a $1.2b impairment for the sale of its Argentina business.

HSBC, SBF to help Singapore businesses scale GBA, India, Middle East

HSBC launched a business guide and will offer net zero transition solutions.

KPay merchants can now accept payments from HSBC’s PayMe app

Over 33,000 merchants in KPay’s Hong Kong network can now accept PayMe payments.

Georges Elhedery is HSBC’s new group CEO

He is currently the CFO; Noel Quinn will retire on 2 September.

HSBC, Visa team up to develop multi-currency app Zing

Users can hold funds in 10 different currencies and transact in 200 countries.

Hong Kong banks ramped up hiring but investment bankers laid off

Trade and private bankers are most in demand, although banks are cautious.

Allianz and HSBC launch new life insurance plan

The plan comes with a premium starting from RM6,000.

SG banks turn to upskilling as hiring sentiments turn ‘cautious’

Roles related to wealth advisory and anti-ML and fraud are most in demand.

HSBC Singapore unveils Live+ credit card for lifestyle spending

It offers an 8% cashback and 15% discount on selected transactions.

HSBC unveils new face for trade services with Global Trade Solutions

The bank outlined plans to give a safer, smoother digital trade experience.

HSBC’s UniTransact to streamline cross-border transactions

New platform addresses digital payment challenges, enhances transaction efficiency in Indonesia.

Top banks’ assets expanded 5.1% in 2023

HSBC is a top performer, whilst China Merchant’s Bank saw fees decline.