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CEO Georges Elhedery said HSBC stands to benefit from a reconfiguration of global trade. (Lam Yik/Bloomberg News) World trade isn’t grinding to a halt but it is changing shape, according to the ...
HSBC's headquarters in Canary Wharf, London. The bank is one of the largest in Europe. (Betty Laura Zapata/Bloomberg News) Two of Europe’s largest banks set aside more money for soured loans ...
HSBC Braces for $1.6 Billion Hit in China Shakeup -- But Investors Are Getting a $3 Billion Surprise
HSBC Holdings (NYSE:HSBC) is staring down a potential pretax loss of up to $1.6 billion after China's Finance Ministry announced a $69 billion recapitalization for four major state-owned banks ...
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