Fed minutes reveal tariff concerns driving inflation risks. UBS sees easing inflation, selective tariffs, & market strategies ...

HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly on ...

The London-based bank’s chief executive is concentrating on streamlining the lender’s businesses and reducing costs.

HSBC Holdings reports 8% drop in revenue. Plans to target cost reductions and reallocate funds for high-return opportunities.

HSBC Holdings PLC (LON:HSBA) posted a 6.6% rise in annual profit, driven by gains from its wealth management and trading ...

Hang Seng Bank is well capitalized and in solid financial shape. Even after recording large provisions in 2022 and 2023 for its exposure to mainland China commercial real estate, its common equity ...

The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...

National Economic Council director Kevin Hassett hopes to bring down borrowing costs via 10-year Treasury yields, echoing the ...

A new compensation scheme is meant to protect against push payment scams, but experts say the system itself is in urgent need ...

HSBC said it will repurchase up to $2 billion in shares, expected to be completed by the end of their first quarter of 2025.

Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and ...