hsbc - Latest News, Analysis, Opinion - BW Businessworld

The transaction encompasses approximately 38,000 customer-linked assets and liabilities, awaiting regulatory clearance and slated for completion in the third quarter of the upcoming year

HSBC Unveils $3 Bn Share Buyback Programme Despite Profit Shortfall

The bank is navigating a complex economic landscape, including changes in China's real estate market

HSBC's Q3 Pre-Tax Profit Doubles But Falls Short Of Estimates

The biggest bank in Europe, valued at USD 118.6 billion, reported a pre-tax profit of USD 7.7 billion for the period spanning July to September

InCred Capital Appoints Philipp Orgler, Suchitra Subramanian To Its Leadership Team

Companies & Markets Corporate Movement Banking

The on-boarding of Suchitra now and Philipp earlier is expected to further strengthen InCred’s ability to bring differentiated structured products into the market and provide a unique offering to its client base

HSBC Resumes Private Banking Operations In India After Eight-Year Hiatus

The relaunch of HSBC's Global Private Banking business in India will target a diverse range of specialised services towards professionals, entrepreneurs, and their families

HSBC Buys Failed Silicon Valley Bank's UK Arm For Just 1 Pound

Banking & Finance Banking

HSBC will update shareholders on the acquisition at its first quarter 2023 results on May 2, 2023

HSBC Acquires Silicon Valley Bank UK For £1: CEO Noel Quinn

World

The HSBC said that as of 10 March, Silicon Valley Bank UK had loans of nearly £5.5 billion and deposits of nearly £6.7 billion

Riding On Growth

HSBC’s commercial banking business that lends to SMEs emerges as a key revenue centre after five years of sustained focus

HSBC AMC To Acquire L&T Mutual Fund For $425M

L&T Investment Management (LTIM), a wholly owned subsidiary of LTFH, is the investment manager of L&T Mutual Fund.

Fino Payments Bank Raises Rs 539 Crore From Anchor Investors Ahead Of IPO

The initial public offer (IPO) includes a fresh issue of equity shares worth Rs 300 crore and an offer for sale (OFS) of 15,602,999 equity shares by the promoter Fino Paytech.

HSBC Executes Blockchain-Enabled Trade Transaction For AMNS And UAE''s Universal Tube

The transaction reinforces the commercial and operational viability of blockchain as an alternative to conventional exchanges for paper-based documentation, as per a statement from HSBC.

Former SBI Chairman Kumar Appointed As Director By HSBC Asia

His experience across India''s financial sector will be an invaluable addition to the board of the HSBC Group''s Asian entity as it directs focus on the region, Hongkong and Shanghai Banking Corporation''s chairman Peter Wong said.

HSBC Announces Rs 15 Cr Aid To Pandemic-Hit Dabbawalas

The dabbawalas are a very complex network of tiffin carriers, where a person picks up a tiffin from the residence of a job goer on a bicycle, passes it on to someone who ferries it in the luggage compartment of suburban trains

HSBC Appoints Raghu Narula Wealth Retail Banking Head