HSBC analyst: Walmart has more tailwinds than headwinds
As inflation remains relatively high, consumer spending has pulled back, with more shoppers prioritizing value for their everyday goods. HSBC US Consumer Staples Senior Analyst Daniela Bretthauer j...
HSBC's First Direct restokes current account war with offer of cash
HSBC Holdings PLC (LSE:HSBA)-owned First Direct has begun offering £175 in cash once again to tempt customers towards its current accounts. Offers of free cash to switch to First Direct had been wi...
Ping An voted against reappointing HSBC chief executive to board - report
HSBC Holdings PLC (LSE:HSBA)'s largest Asia-based investor reportedly voted against reappointing outgoing chief executive Noel Quinn to the bank's board of directors. China's Ping An Insurance Grou...
Ping An votes against reappointment of HSBC CEO as director, Bloomberg News reports
HSBC Holdings Plc's biggest Asian investor, China's Ping An Insurance Group Co, voted against the reappointment of departing chief executive Noel Quinn as a director at the bank's shareholder meeti...
HSBC UK says mobile and online banking facing disruption
HSBC UK said on Saturday that it was aware of intermittent disruption to its clients' personal mobile and online banking, adding that its debit cards, credit cards, digital wallet and ATMs remained...
HSBC chair says dividend outlook strong despite economic uncertainty
HSBC is in a strong position to continue paying robust dividends to shareholders despite an uncertain global economic outlook and central bank policy moves, its chairman Mark Tucker said at the ban...
HSBC's Green Credentials Come Under Fresh Scrutiny
Activist shareholders are pressing HSBC to clarify plans to spend up to $1 trillion on sustainable finance in the coming years.
HSBC's Major: Growth Outlook to Drive Credit
Steven Major, HSBC Global Head of Fixed Income Research, discusses Fed moves, bond yield and inflation numbers. He speaks with Vonnie Quinn on Bloomberg Daybreak: Middle East & Africa.
HSBC keeps best lending rate in Hong Kong unchanged at 5.875%
HSBC Holdings said on Thursday it had kept its best lending rate in Hong Kong at 5.875%, after the city's de facto central bank kept unchanged the base rate charged through its overnight discount w...
HSBC's Ryan Wang: Expecting 75 basis points of rate cuts this year
Ryan Wang, HSBC chief U.S. economist, joins 'Money Movers' to discuss why Wang believes the Federal Reserve could cut rates in June, whether the Fed needs more evidence to cut rates, and what could...
Market shifted rate cut expectations from 7 cuts to 1 in 2024, HSBC's Sels says
The Federal Reserve is set to announce its decision on interest rates Wednesday afternoon, so what does this mean for markets? HSBC Global Private Banking Global Chief Investment Officer Willem Sel...
Why HSBC Stock Topped the Market Today
On an eventful day, the storied banking conglomerate announced a high-level resignation and its first-quarter results. It trounced analyst expectations for revenue, and declared ordinary and specia...
HSBC CEO To Step Down After Almost Five Years at the Helm of the Banking Giant
HSBC Holdings' (HSBC) shares rose Tuesday after the London-based bank surprised the market and said its group chief executive (CEO), Noel Quinn, was stepping down after nearly five years at the helm.
Banking Shocker - HSBC CEO Noel Quinn is Quitting
- HSBC Holdings Plc's Chief Executive Officer Noel Quinn is stepping down, an unexpected move that comes as Europe's largest lender tries to navigate the deterioration of ties between China and the...
HSBC must prioritise Asian expertise in surprise CEO search
Under Chief Executive Noel Quinn, HSBC navigated a global pandemic and a push by rebel investors to break up the 160-year bank. His surprise departure is an opportunity to accelerate its strategic ...
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