HSBC Holdings plc (HSBC)
|Net Income (ttm)
|Nov 9, 2023
|38.05 - 38.31
|32.41 - 42.47
|Feb 21, 2024
HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and p... [Read more]
In 2023, HSBC Holdings's revenue was $66.06 billion, an increase of 30.50% compared to the previous year's $50.62 billion. Earnings were $22.43 billion, an increase of 56.36%.Financial Statements
HSBC Holdings plc (HSBC) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
NEW YORK--(BUSINESS WIRE)---- $HSBC #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of HSBC Holdings plc (“HSBC” or “th...
Climbing costs at HSBC have added to growing investor concerns about how big banks manage their expenses, putting executives under pressure to quickly address spending.
PARIS--(BUSINESS WIRE)--Regulatory News: On 20 February 2024, HSBC Continental Europe's Board of Directors reviewed the second half year results and approved the bank's consolidated financial statemen...
HSBC CEO says it's 'still very confident' about China's economy
Noel Quinn, CEO of HSBC, discusses the bank's earnings and the outlook for the Chinese economy, saying "we believe strongly that there are huge opportunities ahead, as the economy repositions to a con...
HSBC paid its top investment bankers an average bonus of $771,700 last year, an increase of 15% as the UK lender posted record profits and hiked variable remuneration across the bank.
HSBC CEO on Sinking Profit, China Economy, Real Estate
HSBC Holdings Plc reported fourth-quarter profit fell 80% after taking unexpected charges on holdings in a Chinese bank and from selling its French retail operations. Chief Executive Officer Noel Quin...
The London-based lender suffered a "valuation adjustment" of $3 billion on its stake in Bank of Communications.
HSBC Takes $3 Billion Charge on BoCom: CEO Quinn Says He's Confident on China
HSBC CEO Noel Quinn speaks about the lender's unprecedented $3 billion charge on its holding in China's Bank of Communications Co. “It is a technical accounting issue. I also want to reiterate, we hav...
HSBC Holdings announced plans for a new $2.0 billion share buyback, coming after impairments pushed its bottom line to a loss in the latest quarter.
HSBC Holdings reported a 78% jump in full-year profit, a record high gain on high interest rates, but missed forecasts as it was hit by an impairment from its stake in a Chinese bank.
VANCOUVER, British Columbia--(BUSINESS WIRE)-- #Banks--HSBC Bank Canada: Linda Seymour, President and Chief Executive Officer of HSBC Bank Canada2, said: "Our 2023 profit before tax and total operatin...
Russian President Vladimir Putin gave approval on Monday for HSBC to sell its Russian unit to privately-owned Expobank, paving the way for the British lender to extricate itself from the Russian marke...
The FTSE 100 index jumped by more than 1.50% on Friday after the UK published encouraging retail sales numbers. That report came a day after the latest UK GDP report showed that the economy contracted...
HSBC plans to tighten risk management at Hong Kong unit Hang Seng Bank due to worries about a potential rise in bad loans amid growing economic headwind and property sector crisis in China, said two p...
Stocks Ripe for a Pullback, Says HSBC's Kettner
Max Kettner, chief multi-asset strategist at HSBC, explains why he expects a pullback in stocks and urges investors to buy into that downturn. --------
HSBC analyst discusses shipping giant Maersk's fall in profits
Parash Jain, head of shipping and ports research at HSBC, says as soon as the Red Sea crisis is over, "reality will hit" and freight rates will drop "quite rapidly."
First Citizens BancShares claims in a new court filing that executives at HSBC Holdings , including CEO Noel Quinn, condoned a plan to steal employees and confidential information from Silicon Valley ...
NEW YORK--(BUSINESS WIRE)--HSBC today announced a partnership with Google Cloud to accelerate climate mitigation and resilience through financing and support for companies in the Google Cloud Ready – ...
Britain's biggest bank HSBC has partnered with Google to finance fast-growing climate technology firms behind some of the world's most promising solutions to global climate change, executives from bot...
NEW YORK--(BUSINESS WIRE)--HSBC Bank USA announced today the recent appointment of Edith Avilés to the HSBC North America Holdings Inc. (HNAH) and HSBC Bank USA, N.A. (HBUS) Boards of Directors, effec...
The Bank of England said on Tuesday it had fined HSBC 57.4 million pounds ($73 million) for "serious failings" in protecting some customer depositors over several years.
HSBC Hong Kong CEO on how to attract business back to the region
Luanne Lim, Hong Kong CEO of HSBC, discusses the factors behind weak investor confidence in the city, such as high interest rates, geopolitics and the slowing Chinese economy.
HSBC's Major: Rate Outlook Justifies Long Bond Position
“The next move in rates is down,” says Steven Major, global head of fixed income research at HSBC, as he sees high demand for bonds on certainty about the rate outlook --------
China's Vice President Han Zheng on Monday met with HSBC Chairman Mark Tucker in Beijing and urged the banking giant to deepen cooperation with China to improve Hong Kong's status as a financial centr...
If you're looking for a way to bet against the consensus, where many underground investors seem to go today. The deal on the table, which can potentially become the next addition to your watchlist, is...