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HSBC buys failed US bank SVB's UK arm for £1

Agence France-Presse
Posted at Mar 13 05:12 PM

The UK arm of failed US lender Silicon Valley Bank has been sold to HSBC for a nominal £1 ($1.2) in a rescue deal, the government and HSBC announced Monday. Read more »

Ko retains HSBC Women's World Championship title

Agence France-Presse
Posted at Mar 06 11:39 AM

South Korea's Ko Jin-young became the first player to successfully defend her HSBC Women's World Championship title. Read more »

HSBC says pre-tax profits slip to $17.5B in 2022

Agence France-Presse
Posted at Feb 21 02:46 PM

Banking giant HSBC on Tuesday announced a dip in 2022 pre-tax profits last year, on impairment charges linked to the upcoming sale of its French retail operations. Read more »

Rethink your finances and prepare for the future

HSBC
Posted at Dec 05 11:19 AM

Find a wealth management partner to help you prepare for the future. Read more »

ADB, Citi, HSBC, Prudential hatch plan for Asian coal-fired closures: sources

Clara Denina and Melanie Burton, Reuters
Updated as of Aug 03 07:31 PM

Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia's coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative said. Read more »

HSBC to exit US retail banking sector

Agence France-Presse
Posted at May 27 01:20 PM

HSBC announced Wednesday that it is exiting the retail and small business banking market in the United States, in line with its strategy to refocus on corporate and investment banking in Asia. Read more »

HSBC CEO says Bitcoin not for us

Lawrence White and Rachel Armstrong, Reuters
Posted at May 25 08:57 AM

HSBC has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers, because they are too volatile and lack transparency, its Chief Executive Noel Quinn told Reuters. Read more »

UK banks face climate conflicts of interest: study

Agence France-Presse
Posted at Mar 09 09:12 PM

British banks face potential conflicts of interest over climate change because almost 80 percent of board members have links with high-polluting sectors, a study showed on Tuesday.   Read more »

HSBC tiniyak na di nakompromiso ang sistema sa kabila ng 'unusual transactions'

ABS-CBN News
Posted at Jan 24 06:55 PM

Ilang kliyente ng HSBC ang nagrereklamo dahil sa umano'y mga kuwesiyonableng transaksiyon sa kanilang mga credit card.  Read more »

HSBC says no breach but confirms ‘unusual transactions’ in some accounts

ABS-CBN News
Posted at Jan 20 07:05 PM

HSBC denied that its online systems had been breached, but also confirmed detecting “unusual transactions” in some credit card accounts. Read more »

Golf: Thomas, McIlory commit to Abu Dhabi event

Field Level Media/Reuters
Posted at Dec 17 08:30 PM

Justin Thomas and Rory McIlroy, two of the world's top four golfers, committed Wednesday to playing in the Abu Dhabi HSBC Championship next month.   Read more »

Huawei CFO raises new argument to fight US extradition in Canada court

Tessa Vikander and Karen Freifeld, Reuters
Posted at Jun 17 04:37 AM

Huawei Chief Financial Officer Meng Wanzhou is raising a new argument in a Canadian court in a bid to fight extradition to the United States on bank fraud charges, court documents released on Monday showed. Read more »