News

HSBC Faces $1.6 Billion Charge as China Recapitalizes BoCom
HSBC Holdings Plc said it expects to record a pretax loss of as much as $1.6 billion as China’s Finance Ministry ...
HSBC sees up to $1.6 billion in loss on China bank stake reduction
HSBC said on Tuesday that its stake in Bank of Communications (BOCOM) will drop to about 16% from 19.03%, and it will book a ...
HSBC: A Strong Start To 2025 As Trade Fears Mount
HSBC stock currently trades for a little under 1.3x tangible book value, which looks cheap based on the bank's earnings power ...
HSBC Plays Down Tariff Threats With Fresh Share Buyback
HSBC Holdings Plc announced a fresh buyback for shareholders despite an increasingly fragile geopolitical backdrop that has ...
HSBC Becomes Latest Brokerage to Cut S&P 500 Annual Target Below 6000 Mark
(Reuters) - HSBC on Tuesday became the latest global brokerage to slash its year-end target for the S&P 500 index below the ...
HSBC’s Elhedery backs US dollar despite tariffs hit to economic outlook
Bank announces $3bn share buyback programme that will begin next month ...
HSBC and Deutsche Bank Brace for Economic Hit From Tariffs
Two of Europe’s largest banks set aside more money for soured loans, preparing for the risk that President Trump’s trade war ...
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Canara HSBC Life Insurance files IPO papers; Canara Bank, PNB to divest stakes
Canara HSBC Life Insurance Company Ltd has filed preliminary papers with capital markets regulator Sebi to float an initial ...