HSBC profits rise as the global economy begins recovering

HSBC profits rise as the global economy begins recovering

By Christy Gren - Apr 27, 2021

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

Read More
HSBC turns to Asia for future growth

HSBC turns to Asia for future growth

By Anna Domanska - Feb 24, 2021

The bank’s maximum pre-tax benefits (90%) come from its Asian business. Chairman Mark Tucker and chief executive Noel Quinn are struggling to meet its business demands in Sin

Read More
HSBC to shed 35,000 jobs as bank revives redundancy plan

HSBC to shed 35,000 jobs as bank revives redundancy plan

By Anna Domanska - Jun 17, 2020

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

Read More