![HSBC raises outlook as profits nearly double](/i/c/c2c2ec3a-3fd5-96a1-f2b2-5b05abc8bdf3.webp)
HSBC raises outlook as profits nearly double
HSBC's profits have soared as it continues to cut costs and cash in on high interest rates around the world.
2023-08-01 14:28
![HSBC launches up to $2 billion buyback on 235% first-half profit jump](/i/c/bb783c2c-918f-c5be-2891-025e81f19b20.webp)
HSBC launches up to $2 billion buyback on 235% first-half profit jump
HONG KONG HSBC Holdings reported a 235% increase in first-half profit on Tuesday, as it benefited from rising
2023-08-01 12:18
![HSBC to raise prime lending rate to 5.875% after Hong Kong rate hike](/i/c/7894af9c-cfd2-fb8a-e91e-31a6dd3ac23f.webp)
HSBC to raise prime lending rate to 5.875% after Hong Kong rate hike
HONG KONG HSBC Holdings said on Thursday it is raising its best lending rate in Hong Kong by
2023-07-27 12:51
![Analysis-HSBC dumps London tower for smaller office as real estate reckoning unfolds](/i/c/e21c5e02-9613-9aaa-ae41-5aef1ac23824.webp)
Analysis-HSBC dumps London tower for smaller office as real estate reckoning unfolds
By Iain Withers and Chiara Elisei LONDON HSBC's move to ditch its 45-floor Canary Wharf tower in favour
2023-06-27 07:21
![HSBC cuts China's GDP forecast to 5.3% on weak property, business outlook](/i/c/00821b06-a779-605a-5588-9ea54e90d760.webp)
HSBC cuts China's GDP forecast to 5.3% on weak property, business outlook
HSBC on Tuesday lowered China's economic growth forecast for this year, citing drag from the property sector, and
2023-06-20 15:54
![HSBC to close New Zealand wealth and personal banking business](/i/c/231a4d61-9d16-d6df-7775-813e6ed21ff0.webp)
HSBC to close New Zealand wealth and personal banking business
(Reuters) -HSBC has decided to wind down its wealth and personal banking business in New Zealand, the bank said on
2023-06-13 16:52
![HSBC to rename British arm of Silicon Valley Bank next month- Sky News](/i/c/9046af6f-78cb-fe5a-ec62-5818b624fd9c.webp)
HSBC to rename British arm of Silicon Valley Bank next month- Sky News
HSBC is set to announce next month that the UK arm of Silicon Valley Bank will be renamed
2023-05-30 01:24
![Silicon Valley Bank: 500 jobs cut by new owner First Citizens](/i/c/e7c039cf-a41f-c0c2-ab48-518efa606b9a.webp)
Silicon Valley Bank: 500 jobs cut by new owner First Citizens
The move comes two months after SVB's collapse triggered fears of a banking crisis.
2023-05-25 11:22
![HSBC to pay $75 million in penalties to settle U.S. CFTC charges](/i/c/6274fc1f-d32e-39db-591c-3c8d1b8cb52e.webp)
HSBC to pay $75 million in penalties to settle U.S. CFTC charges
By Chris Prentice NEW YORK (Reuters) -Units of HSBC Holdings Plc have agreed to pay $75 million to settle U.S.
2023-05-12 22:48