HSBC has unveiled a sweeping overhaul of its bank separating its UK division from its Asia business amid growing geopolitical tensions between China and the West. The lender on Tuesday announced that ...
HSBC streamlines business units into four, names new CFO
LONDON : HSBC Holdings Plc said it would merge two of its largest businesses, outside the UK and Hong Kong, and restructure regionally as CEO Georges Elhedery looks to rein in costs against a backdrop ...
HSBC names insider Pam Kaur as first female CFO – report
HSBC ( NYSE: HSBC) appointed Pam Kaur as its first female Chief Financial Officer, replacing Georges Elhedery, who was promoted to CEO earlier. Kaur, 60, currently is the chief risk and compliance ...
HSBC Holdings Boosts Shareholder Value with Buy-Back
HSBC Holdings (GB:HSBA) has released an update. HSBC Holdings has repurchased over 2.9 billion US dollars worth of its own shares as part of a ...
Hong Kong’s Paul Chan touts use of retail bonds to fund public works in Apec speech
Hong Kong’s finance chief has shared how the city used retail bond issuances to fund infrastructure projects as he began a visit to Peru for an Asia-Pacific Economic Cooperation (Apec) meeting. At a ...
Hang Seng preferred banking is guiding Hong Kong’s youth to maximize every dollar
Hang Seng Bank (Hang Seng) has launched the "Plan Smart For Every Dollar!" campaign to connect with Hong Kong's younger generation and offers a wide range of services, including accessible investment ...
Bank of Singapore nabs BOCHK banker as market head for GC Hong Kong
Chi brings over 20 years of experience into her new role. Canis Chi has joined Bank of Singapore (BOS) as market head of Greater China, Hong Kong. Chi will be based in Hong Kong and reports to Rickie ...
China’s Economic Moves Fail to Impress Big Stocks as Alibaba, NIO Fall. Here’s Why.
China’s central bank cut two key interest rates on Sunday, which was enough to help the Shanghai Composite Index to an incremental increase on Monday. Hong Kong’s Hang Seng index, on the other hand, ...
CLP HOLDINGS Appoints Ex-Deputy Chief Executive of BOC HONG KONG Ann Kung as INED
CLP HOLDINGS (00002.HK) announced the appointments of Ann Kung as an Independent Non-executive director, a Member of the Audit & Risk Committee and the Finance & General Committee of the Company to ...
China’s Midea eyes bigger global market share after US$4.6 billion IPO
Appliance maker looks at Saudi Arabia, Brazil and Africa as it aims to expand its international sales network by a third.
HSBC Life to keep using tech to stay on top in Hong Kong
The life insurer wants to offer solutions beyond traditional products, its CEO says. HSBC Life (International) Ltd. wants to harness its broker, bancassurance and digital channels to capture more ...
Hong Kong Police Dismantle $46 Million Deepfake Crypto Romance Scam
Hong Kong police have successfully dismantled a sophisticated criminal operation using artificial intelligence deepfakes to orchestrate a crypto romance investment scam, leading to the arrest of 27 ...
Beijing urges HSBC to keep backing mainland China and Hong Kong’s development push
Xia Baolong, Beijing’s point man on Hong Kong affairs, issues call in meeting with HSBC Group chairman Mark Tucker in nation’s capital.
BOC HONG KONG: No. of CN Southbound Clients Rises by 40% as of End-Sep
The number of its Chinese Southbound clients increased by 40% YoY as of the end of September, while the number of accounts opened and the total remittances under the Northbound Tra... The number of ...