Thu, Nov 23, 2023
HSBC India and UKEF on Thursday signed a Letter of Intent (LoI), which enables them to work together on opportunities relating to UKEF's guarantee-backed structures. India was the UK's 12th largest trading partner in the four quarters to the end of Q2 2023, accounting for 2.1 per cent of total UK trade.
Wed, Oct 25, 2023
HSBC downgrades HUL: HSBC added that HUL's lacklustre Q2 performance hasn’t helped, with areas of weakness persisting in the portfolio and "unless markets turn deeply risk-averse, we see little upside," it added.
Thu, Sep 28, 2023
"This is our first Sustainability Linked Loan obtained from HSBC India, marking our unwavering dedication to our Environmental, Social, and Governance (ESG) objectives," Amit Agarwal, Executive Director & Group CFO of DCM Shriram Ltd, said.
The transaction, the financial details of which were not immediately known, will also see Asia-focussed HSBC taking over "a few hundreds" of Citi's China-based staff, said one of the sources.
Tue, Aug 01, 2023
The global banking and markets vertical contributed the most to the profits, delivering a PBT of USD 408 million as against USD 324 million in the year-ago period.
Thu, Apr 20, 2023
HSBC should separate its Asia business into a Hong Kong-listed entity, top shareholder Ping An said in an update to proposals it began to push for last November.
Mon, Mar 13, 2023
HSBC said on Monday it is acquiring the UK subsidiary of Silicon Valley Bank for 1 pound. Know full details from Kushal Gupta in this video.
HSBC said on Monday it is acquiring the UK subsidiary of Silicon Valley Bank for 1 pound."This acquisition makes excellent strategic sense for our business in the UK," HSBC CEO Noel Quinn said in a statement.
Sun, Mar 12, 2023
Amazon Mega Electronics Day Sale LIVE: The sale, which ends on March 14, also offers extra discounts on HDFC, HSBC, and Yes Bank credit cards and no-cost EMI options
Wed, Mar 01, 2023
The board of directors in its meeting held on February 28, 2023 has accorded approval for withdrawal of the process for divestment of bank's stake in Canara HSBC Life Insurance Co Ltd, PNB said in a regulatory filing.
Thu, Dec 15, 2022
Brokerage firm HSBC has estimated a 17% upside in NTPC stock which translates into Rs 28 per share gains from the recommended price level of Rs 172.
Fri, Oct 14, 2022
Infosys share price jumped more than 4.5% in early morning deals on Oct 14 as the Street gave a thumbs up to the Bengaluru-based IT major's September quarter results and share buyback announcement
Fri, Jul 01, 2022
HSBC Holdings PLC plans to relaunch its India private banking business within a year, its India CEO told Reuters on Thursday, after the Asia-focused lender has identified the country as a key strategic market for growth
Thu, Jan 20, 2022
Large firms have become larger at the cost of smaller firms, while informal sector firms have been disrupted, HSBC said in a recent report.
Thu, Dec 23, 2021
Foreign lender HSBC on Thursday announced that its asset management arm will acquire L&T Mutual Fund for USD 425 million (about Rs 3,192 crore).
Wed, Nov 24, 2021
Markets have ramped up their expectations for interest rate hikes from the Federal Reserve and other central banks next year to keep a lid on inflation. The investors surveyed said tighter policy in developed economies was the single biggest risk to the outlook for emerging markets.
Mon, Oct 25, 2021
HSBC Holdings reported a surprise 74% rise in third quarter profit as concerns about pandemic-related bad loan receded, allowing it to announce a share buyback of $2 billion.
Wed, Oct 21, 2020
HSBC has launched a restructuring of its commercial banking business in Britain, a source familiar with the matter told Reuters on Wednesday, resulting in around 300 job losses.
Mon, Oct 28, 2019
For the third quarter ended Sept. 30, HSBC reported pre-tax profit of $4.8 billion, compared with the $5.3 billion average of analysts` estimates compiled by the bank. The Hong Kong-listed stock of the London-headquartered bank fell almost 3%.
Wed, Jun 26, 2019
Indian businesses stood at second position in an a business optimism outlook survey over their growth prospects over the next two financial years after Indonesia, according to a survey of HSBC.
Mon, Jun 24, 2019
In a first of its kind initiative, HSBC Holdings Plc is backing the launch of a technology startup that aims to connect small-and-medium-sized manufacturers with component suppliers in different parts of the world as part of its trade banking push.
Mon, Jun 03, 2019
In this segment of Zee Business know which shares will help you earn more today, June 03rd, 2019. Watch full video for more info.
Wed, May 29, 2019
HSBC Holdings PLC plans to boost its Asia retail wealth management staff by about 300 by end of this year, with Europe`s biggest lender by assets sharpening its focus on Singapore to add to its presence in core markets of Hong Kong and China.
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