News

HSBC Faces $1.6 Billion Charge as China Recapitalizes BoCom
HSBC Holdings Plc said it expects to record a pretax loss of as much as $1.6 billion as China’s Finance Ministry ...
HSBC sees up to $1.6 billion in loss on China bank stake reduction
HSBC said on Tuesday that its stake in Bank of Communications (BOCOM) will drop to about 16% from 19.03%, and it will book a ...
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HSBC sets aside $876m for bad loans amid fallout from Trump’s trade war
HSBC sets aside $876m for bad loans as Trump’s tariffs disrupt global trade, with the Asia-focused bank warning of further ...
HSBC Sticks With Share Buybacks After Stock Whacked by Trade War
HSBC Holdings Plc announced a fresh buyback for shareholders despite an increasingly fragile geopolitical backdrop that has ...
HSBC ups bad loan provisions after tariff chaos
HSBC increased provisions for loan losses in its first-quarter report, as trade war woes clouded the lender’s results.
Fluence Energy downgraded at HSBC 'in eye of the storm' of Trump's tariffs
Fluence Energy (NASDAQ:FLNC) -2.2% in Monday's trading as HSBC downgraded the energy storage technology company to Hold from ...
Canara HSBC Life Insurance Company files for initial public offering
The insurance firm, which manages more than ₹40,000 crore ($4.7 billion) in assets, did not detail the size or timing of the ...