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 ...

The London-based bank announced a share buyback of up to $3 billion as it reported a drop in first-quarter net profit.

This is based on HSBC's funding cost advantage in the local market, where it has long been the largest bank. Sticky retail deposits in Hong Kong not only help fund local loans but also help to ...

HSBC warned that loan demand and credit quality could suffer from the broader fallout of U.S. President Donald Trump's global ...

HSBC warned that loan demand and credit quality could suffer from the broader fallout of US President Donald Trump’s global ...

HSBC, the largest bank in Hong Kong with 6.2 million customers, will invest heavily in wealth management and technology in the city, using it as a base to tap the fast-growing markets in Asia ...

Although Hang Seng is only number four in the market, with a 7% market share of deposits versus 33% for HSBC, 16% for Bank of China Hong Kong, and 12% for Standard Chartered, its cost/income ratio ...

HSBC Holdings is scheduled to report first-quarter ... That would compare with $10.18 billion in net profit in the year-earlier period. In Hong Kong, the stock has risen 13% year to date ...

Over the past year, the HSBC Hong Kong Community Partnership Programme supported 31 projects, benefiting 430,000 people - double the number of beneficiaries from 2023." "As the Bank celebrates its ...