HSBC Holdings Plc. shares jumped 2% after Europe’s largest lender by assets reported a better-than-expected quarterly profit on Tuesday. The Hong Kong-listed bank’s shares trad
The drive for sustainable energy funding gained momentum after the public health crisis and the fallout of climate change and natural disasters on the global economy. According to
With a portfolio of Asian clients that rely on fossil fuel investments, HSBC will be in a difficult position to realize its commitment to zero emissions by 2050.
HSBC revives redundancy plan it put on hold after the coronavirus outbreak, and will axe 35,000 jobs over the medium term. The bank’s CEO Noel Quinn said in a memo to staff Wedne
British firms involved in the payment protection mis-selling scandal have now reimbursed more than £23 billion to customers, by most recent information from the Financial Conduct
In June, China’s manufacturing activity showed signs of stabilizing. Two nongovernment reports suggested that the economy might be gaining momentum, and other analysts anticipate
On Tuesday, British multinational banking company – HSBC Holding plc, in a major revamping of its global strategy said that it would eliminate as many as 50,000 jobs, as it is se