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The jump means that 73 per cent of HSBC’s Hong Kong commercial real estate loans are either impaired or marked as having ...
Risks associated with commercial real estate loans were manageable, HKMA and HSBC said in separate statements on Wednesday.
HSBC Hong Kong has committed to a one-time purchase of approximately 3,400mt of SAF from EcoCeres. This fuel will be utilised for Cathay Pacific flights departing from Hong Kong International Airport.
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HSBC to split U.K. and Hong Kong banking arms into two separate units
Elhedery’s plans, which will come into force in January 2025, are set to carve HSBC up into four separate units including two covering the bank’s Hong Kong and U.K. businesses and two more ...
HONG KONG/SHANGHAI, Feb 16 (Reuters) - HSBC (HSBA.L) plans to tighten risk management at Hong Kong unit Hang Seng Bank (0011.HK) due to worries about a potential rise in bad loans amid growing ...
HSBC, the banking giant managing nearly $3 trillion in assets, has reportedly allowed its customers to buy Bitcoin and Ethereum exchange-traded funds (ETFs) listed on the Hong Kong stock exchange.
HSBC will raise its Hong Kong dollar best lending rate from 5.625% to 5.75% with effect from Friday, the bank said in a statement on Thursday, following the territory's central bank hiking its ...
Senior investment bankers at HSBC Holdings Plc in Hong Kong could lose their private offices as the firm moves toward open-plan desks for the financial hub, causing angst among some executives who ...
HONG KONG (MarketWatch) -- Trading in shares of HSBC Holdings was suspended in Hong Kong Monday at the banking giant's request, pending "the announcement of a corporate action." The banking giant ...
On Sept. 25, HSBC announced that its chief executive, Michael Geoghegan, will relocate his office back to Hong Kong in February, 2010. The decision is yet another sign of the growing economic ...
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