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 ...
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.
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 ...
PA Media on MSN10m
HSBC warns over possible hit from significantly higher global tariffs
The global banking giant increased provisions for loans expected to turn sour by 202 million US dollars (£150.7 million) in ...
Business Matters1h
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 ...
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 ...