Tag: banking

HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) posted a small increase in first-half pretax profit, as rising expenses from investments in a new growth strategy and a $765 million settlement ... ( read original story ...)

HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) posted a small increase in first-half pretax profit, as rising expenses from investments in a new growth strategy and a $765 million provision a... ( read original story ...)

Hang Seng Bank, a subsidiary of HSBC, Hong Kong’s largest bank, on Monday reported a better than expected increase in net profit for the first half of 2018, which rose by 29 per cent thanks to higher ... ( read original story ...)

HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) said on Monday its pretax profit rose 4.6 percent for the first half of the year, as Europe’s biggest bank showed early progress in its strategy ... ( read original story ...)

HSBC reported a pretax profit of USD 10.7 billion in the six months through June, up from USD 10.2 billion. Hong Kong: HSBC Holdings Plc said on Monday its pretax profit rose 4.6 percent for the first ... ( read original story ...)

Hong Kong shares were higher at mid day today. The Hang Seng Index was up by, 0.70 percent 193.75 points at 27,870.07. Shares in HSBC Holdings (0005) gained by 1.52 percent to HK$73.40 ahead of earnin... ( read original story ...)

HSBC is one of three lenders that issue bank notes in Hong Kong. It employs more than 228,000 people in 67 countries worldwide and its shares are widely held by retail investors in Hong Kong. HSBC spe... ( read original story ...)

HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) said on Monday its pretax profit rose 4.6 percent for the first half of the year, as Europe’s biggest bank showed early progress in its strategy ... ( read original story ...)

Standard Chartered Bank sees its decision to apply for a virtual banking licence in Hong Kong – the first traditional bank in the city to do so – as opening up new areas of growth both in the city and ... ( read original story ...)

Stefan Hofer, chief investment strategist at LGT Bank in Hong Kong, said the local market has underperformed despite the city's solid economic and fiscal policy fundamentals. The problem, he stressed, ... ( read original story ...)

Hong Kong IPO bankers aren’t getting much of a break this summer. The city’s market for initial public offerings is in the middle of its biggest summer on record, despite a slumping benchmark stock in... ( read original story ...)

Bank of America now has a $6 PT on the $670.85M market cap company or 42.86 % upside potential. In a report sent to investors on 2 August, Halcon Resources (NYSE:HK) shares have had their Neutral Rati... ( read original story ...)

Online lending and payment operator Chong Sing Holdings FinTech is planning to acquire a licence to do virtual banking business in Hong Kong. The company is also planning to tap into the lucrative art... ( read original story ...)

In the age of email, e-banking and even electronic greeting cards, postal services are often dismissed as “snail mail”. But the operations of the 177-year-old Hongkong Post are far from obsolete. Ever... ( read original story ...)