News

HSBC plans to step up surveillance of staff and buildings by adding more cameras and biometric access to its premises ...
Even with the rise of new business districts, Makati City firmly holds its ground as one of the Philippines’ most preeminent ...
[HONG KONG] A Hong Kong court granted an order preventing Hangzhou Wahaha Group chairwoman Kelly Zong from withdrawing any of the US$1.8 billion held in an HSBC Holdings account, as part of a case ...
A Hong Kong court has formally frozen an HSBC account at the heart of a high-stakes lawsuit that pits three claimants of a multibillion-dollar inheritance against the CEO of Hangzhou Wahaha Group ...
In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.
HSBC's CEO continues cost-cutting measures and orders all managing directors to work from office for at least four days a week from October 1.
HONG KONG -- Bad loans are ballooning at Hong Kong-listed HSBC Holdings and its majority-owned Hang Seng Bank as the financial hub's commercial real estate slump weighs on the banking sector.
Wealth management is one of the major growth drivers for HSBC. In the second quarter, it recorded asset growth driven in part by hundreds of thousands of fresh clients in Hong Kong.
The London-based bank reported a drop in second-quarter net profit and said it plans to initiate a share buyback of up to $3 billion.
HSBC saw profits slide by more than a quarter in the first half after the banking giant's stake in China's Bank of Communications and mounting bad loan losses weighed.