HSBC's global brand in the balance as it doubles down on Asia bet
HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...
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HSBC eyes Asia triumph with MENA investment banking wins
According to LSEG data, HSBC earned the most investment banking fees in MENA during 2024, a total of $107.3mln, or a 7% share ...
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HSBC’s Zing shutdown a $150m innovation misstep, says GlobalData
The failed Zing initiative represents a cautionary tale about why some traditional banks struggle to innovate successfully ...
HSBC plans biggest investment banking retrenchment in decades
HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a ...
HSBC’s Dream of Rivaling Wall Street Was Unlikely. Now It’s Over
For years HSBC Holdings Plc harbored dreams of becoming a major player on Wall Street and in the City of London. This week, it finally called time on those ambitions.
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HSBC sunsets year-old app Zing
The money transfer app, launched with initial plans to compete in the U.K. with fintechs like Wise and Remitly, will be ...
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Leaked HSBC memo shows bank making huge cuts in UK and US to focus on Asia
HSBC’s decision to exit the M&A and ECM markets outside Asia is seen as a blow to London’s reputation as a global hub for ...
HSBC admits defeat
Plus, Brighthouse Financial considers a sale as asset managers clamour for insurers and Golden Goose lands a non-IPO deal ...
HSBC Holdings rises Wednesday, outperforms market
HSBC Holdings PLC (UK Reg) hit a new 52-week high, surpassing its previous peak of £8.30, which the company achieved on January 23rd.
HSBC is thinking globally, but acting locally, to build 'Innovation Banking' from the Bay Area
Buying the U.K. operations of SVB for barely $1 gave HSBC a toehold for its startup banking ambitions Silicon Valley Bank’s ...