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Latest Articles in hsbc

HSBC To Shed Assets Worth $100 Billion And Slash 35,000 Jobs Over Three Years

Europe's biggest bank by assets, which makes the bulk of its revenue in Asia, said profit before tax tumbled by a third to $13.35 billion in 2019, far below the average estimate of $20.03 billion from brokerages.

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HSBC To Axe Senior Managers In Strategy Shift

HSBC has global managers looking after a wide variety of functions for most of the product lines within its business divisions.

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HSBC Announces New Heads Of Investment Banking Division

Guyett now heads banking while Elhedery runs the markets business. The two will be tasked with turning around a part of HSBC's global business that has underperformed in recent years.

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Bank Of Baroda Denies Allegations Of Corruption In South Africa Operations

BoB said client confidentiality prohibits it from disclosing specific client-related information.

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HSBC To Cut Up To 10,000 Jobs In Drive To Slash Costs: Report

The plan represents the lender’s most ambitious attempt in years to cut costs, the newspaper said, citing two people briefed on the matter.

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HSBC Axes CEO Flint After Only 18 months In Role To Speed Up Growth

The departure comes as Europe's biggest bank is grappling with headwinds including an escalation of a trade war between China and the United States, an easing monetary policy cycle, unrest in the key Hong Kong market and uncertainty about Brexit.

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Indian Companies Optimistic About Their Growth Prospects: HSBC

Survey showed that businesses in India are very optimistic about their growth prospects, despite subdued macro-economic conditions.

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HSBC: On A Sound Local Wicket

The India entity is a huge contributor to the global entity’s revenue accounting for the fourth highest group profits

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HSBC Warms Up To India Ahead Of General Polls

India is one of the fastest growing markets in Asia, with MSCI India EPS growth consensus seen at 18.8 per cent in 2018 and 24 per cent in 2019, HSBC said in a note titled "The Flying Dutchman".

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IIM Shillong Completes Placement With Rs 26 Lakh Top Package

A total of 41 recruiters and 169 participants marked their presence in the ongoing placement drive

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Rising Costs Tarnish HSBC's Asia-Driven Profit Growth

HSBC reported rising costs on Monday, sending its shares one percent lower and taking the shine off a better-than-expected quarterly profit driven by the Asian business that the bank has put at the heart of its growth plans.

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Rising Costs Tarnish HSBC's Asia-Driven Profit Growth

HSBC reported rising costs on Monday, sending its shares one percent lower and taking the shine off a better-than-expected quarterly profit driven by the Asian business that the bank has put at the heart of its growth plans.

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HSBC Picks Company Veteran John Flint As New Chief Executive

HSBC has chosen John Flint as its next chief executive, with its newly arrived chairman promoting an insider to drive revenue growth at Europe's biggest bank.

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India May Become Third-largest Economy In Next 10 Years: HSBC

According to the global financial services major, although reforms over the past year have caused disruptions that will likely mean lower growth rates in the near term, they should allow India to unleash more of its undoubted potential over the medium term

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