HSBC Holdings

Company in the news

HSBC said to be slashing up to 10,000 more jobs: reports

(Oct 7): HSBC Holdings is embarking on a cost-cutting drive that threatens as many as 10,000 jobs, the Financial Times reported, citing two people briefed on the matter.

Singapore bans former HSBC, UOB bankers on fraud, dishonesty

SINGAPORE (April 11): Singapore has meted out lengthy bans to convicted former HSBC Holdings Plc and United Overseas Bank Ltd. bankers for fraud and dishonest conduct.

Fintech

HSBC says trade deal shows blockchain viable for trade finance

(May 14): HSBC Holdings Plc completed a transaction using blockchain which it said shows the technology is commercially viable for trade finance.

Results

Gulliver ends HSBC tenure with rare profit miss on margins

HONG KONG/LONDON (Feb 20): Stuart Gulliver’s seven-year reign as HSBC Holdings Plc’s chief executive officer ended with a rare failure to live up to analysts’ earnings estimates as lending margins

Tech

Hong Kong's stock fortunes are tied to Tencent like never before

HONG KONG (May 23): Tencent Holdings Ltd. has become the undisputed ruler of Hong Kong stocks.

World’s highest-paid expats toil in land of fondue and watches

(Jan 2): It pays to be an expatriate in Switzerland.

HSBC to close half of India branches in digital banking push

HSBC to close half of India branches in digital banking push

MUMBAI (May 20): HSBC Holdings Plc plans to shut almost half its branches in India and rely more on digital banking to expand its consumer business in the South Asian nation.

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