News

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 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 Braces for $1.6 Billion Hit in China Shakeup -- But Investors Are Getting a $3 Billion Surprise
HSBC Holdings is staring down a potential pretax loss of up to $1.6 billion after China's Finance Ministry announced a $69 ...
HSBC China's top wealth banker reassigned, Asia wealth head relocates to Shanghai
HSBC's top wealth manager overseeing China will leave the role soon in an Asian leadership reshuffle, as the lender also cuts ...
AMD's $800M charge over China export restrictions likely hits in Q2: HSBC
Advanced Micro Devices (NASDAQ:AMD) appears likely to meet first quarter expectations, but an $800M charge over artificial ...
Yahoo Finance9d
HSBC China's top wealth banker reassigned, Asia wealth head relocates to Shanghai
HONG KONG (Reuters) - HSBC's top wealth manager overseeing China will leave the role soon in an Asian leadership reshuffle, as the lender also cuts hundreds of jobs from its digital wealth project in ...
U.S. News & World Report9d
HSBC China's Top Wealth Banker Reassigned, Asia Wealth Head Relocates to Shanghai
HONG KONG (Reuters) - HSBC's top wealth manager overseeing China will leave the role soon in an Asian leadership reshuffle, as the lender also cuts hundreds of jobs from its digital wealth project ...
BlackRock-backed Suez taps HSBC to review China assets
The BlackRock-backed company is working with HSBC Holdings to study options for the business, the people said, asking not to ...