HSBC Holdings PLC (HSBC)
|Net Income (ttm)||3.90B|
|Trading Day||May 14|
|Day's Range||31.44 - 31.79|
|52-Week Range||17.52 - 32.17|
Continuing with its efforts to tap the Asia markets, HSBC is on track to hire more than 1,000 wealth managers in the region.
The biggest banks in the world plan to re-open their offices, emboldened by aggressive vaccination drives and falling case numbers in major financial hubs, after sending most employees home early last y...
LONDON, UK / ACCESSWIRE / May 4, 2021 / HSBC (contact: Syndicate desk, telephone: +44 207 992 8066) hereby gives notice that no stabilisation (within the meaning of the rules of the Financial Conduct Au...
Barclays Capital has lifted its price target on shares in HSBC PLC (LON:HSBA), but has kept its call at ‘underweight'. It said the stock is worth 480p (up from 470p) but added that at 10.7-time 2022 EPS...
Reserve releases, driven by improving economic outlook, support HSBC Holdings' (HSBC) Q1 earnings, while fall in revenues and increase in expenses hurt.
HSBC Holdings plc (LON: HSBA) said on Tuesday that its net profit in the first quarter posted an over 100% growth on a year over year basis. The company attributed the increase to improvement in the eco...
HSBC Group CFO discusses the bank's 'best quarter' since the pandemic began
The bank's profit beat came amid a sharply improved economic outlook and a reduced set of downside scenarios, on the back of successful Covid vaccine rollouts, says Ewen Stevenson, group CFO at HSBC.
HSBC PLC (LON:HSBA) said a recovering UK economy helped profits rebound by 79% to US$5.8bn in the first quarter of 2021. All regions improved said the Asia-focused bank, but the UK was the standout it s...
Two of the FTSE 100's top ten largest companies report on Tuesday, HSBC and BP, as well as Premier Inn owner Whitbread. Transition will likely be a keyword for BP PLC (LON:BP.
Burnout: HSBC Manager's Heart Attack Prompts Viral Post
Apr.22 -- Banker burnout is in focus again after an HSBC Holdings Plc contractor's social media post about his heart attack went viral. Dani Burger reports on "Bloomberg Markets: European Open.
Mastercard is collaborating with HSBC to provide the latter company's business clients in the United Arab Emirates with a bolstered business-to-business (B2B) payment experience through the Mastercard T...
UK banks Lloyds Banking Group PLC (LON:LLOY), Barclays PLC (LON:BARC), HSBC PLC (LON:HSBA), NatWest Group PLC (LON:NWG) and Santander today launched new mortgages under a government scheme where certain...
UK banks are not as outstandingly cheap as the middle of last year, they still offer decent value say analysts at Shore Capital. Confidence in the outlook is improving given the economic benefits of the...
HSBC is scrapping the executive floor at its Canary Wharf headquarters in London, as one of the world's biggest banks slashes office space and moves towards new ways of working following the pandemic.
CEOs from HSBC USA, DonorsChoose and Intuit Mentor Student CEOs During Virtual Enterprises' Executive Conference, Apr...
NEW YORK--(BUSINESS WIRE)--Michael Roberts, CEO of HSBC Americas, will join nearly three dozen other C-suite and executives during the Virtual Enterprises Summit on April 20.
HSBC Holdings PLC (LON:HSBA) issues first-quarter results at the end of the month and sector peer Barclays remains lukewarm towards the stock. The broker has raised the price target for HSBC to 470p fro...
HSBC will move four of its most senior executives to Hong Kong later this year, as the London-based bank focuses more attention on fast-growing markets in Asia.
HSBC has banned customers of its online share-trading platform from buying or moving into their accounts MicroStrategy Inc stock, a message seen by Reuters showed, calling it a "virtual currency product".
HSBC and the Asian Development Bank (ADB) will provide a combined $300 million in financing to help Asia's supply chains boost manufacturing capacity for COVID-19 vaccines, the two lenders said on Friday.
HSBC PLC (LON:HSBA) is moving 1,200 UK-based employees to permanent home working. Around 70% of its 1,800 call centre staff have volunteered to never go back to the office, Reuters reported.
HSBC is moving more than 1,200 staff in Britain to permanent working from home contracts, in one of the strongest indications yet of how banks are locking in changes to employees' work patterns as a res...
NEW YORK--(BUSINESS WIRE)--Tara Latini is appointed Head of Wealth and Personal Banking, US, HSBC.
Banks' hedge fund liquidation hit a 'contained' incident, strategist says
Francesco Curto, global head of research at DWS, discusses the morning's trading updates from Credit Suisse and Nomura warning of heavy losses arising from liquidated hedge fund positions.
Vancouver-based bank HSBC has unveiled a new mobile banking service that gives small business owners a single place to take care of all their financial tasks. According to TechRadar, the U.K.-centric se...
The world's 60 largest commercial and investment banks poured a total US$3.8 trillion into fossil fuels between 2016 and 2020, according to a report by a group of non-governmental organizations. JP Morg...
VANCOUVER, British Columbia--(BUSINESS WIRE)--Alan Turner is appointed Head of Commercial Banking effective today, succeeding Linda Seymour.
Treasury yield curve volatility should stabilize in the second half of 2021: HSBC
James Cheo from HSBC Private Banking and Wealth discusses inflation risks and how that will affect moves in U.S. Treasury yields.
HSBC Holdings (HSBC) is in advance discussions with Cerberus in regard to the divestiture of its French retail business. This is part of the bank's streamlining initiatives.
Biden Tax Plan Signals End of Open Fiscal Check Book: HSBC's King
Mar.16 -- Stephen King, senior economic advisor at HSBC, discusses the need for higher taxes to pay for coronavirus pandemic fiscal efforts, inflation expectations, and the danger of “the law of uninten...
Asian Credit Offers Value, HSBC Asset Management Says
Mar.15 -- Cecilia Chan, chief investment officer for Asia Pacific at HSBC Asset Management, discusses the opportunities she sees in the region's stock and bond markets. She also talks about U.S. governm...
The Chinese telecommunications giant Huawei is suing HSBC in Hong Kong after a case it brought in English courts was dismissed.
These three banks still have a chance of being a part of some deal and would really change the regional banking landscape.
HSBC PLC (LON:HSBA) dipped 4% to 427.6p before close as the banking sector continued to be damaged by bond yields losing ground. The bank was the largest faller in the FTSE 100 index after Investec down...
Is it just propaganda, or does it actually mean anything? HSBC Holdings PLC (LON:HSBC) has given itself nineteen years to extract itself from the business of coal mining globally, according to a resolut...
HSBC PLC (LON:HSBA) said it will propose a special resolution on climate change at the Annual General Meeting on May 28. The bank expects to provide between US$750bn and US$1 trillion in financing and i...
HSBC will phase out its support for the coal industry in the developed world by 2030 and in the developing world by 2040, the bank said on Thursday, bowing to investor pressure to toughen its stance on ...
Rotation to cyclicals 'not a negative sign' for tech valuations, HSBC strategist says
Willem Sels, global chief investment officer at HSBC, says the rotation from highly valued growth stocks toward cyclical companies which may benefit from economic reopening is not a negative sign for te...
HSBC's ratings have been placed in review for a possible downgrade by Moody's Investors Service on dismal profitability and prevailing obstacles in improving the same.
VANCOUVER, British Columbia--(BUSINESS WIRE)--HSBC Global Asset Management announces changes to some of its funds
'Little evidence' that markets are going see excessive amounts of inflation, HSBC strategist says
Rising yields signal a 'rational repricing of reflation' by the market, but excessive inflation is unlikely according to Joe Little, global chief strategist at HSBC Global Asset Management
HSBC Holdings (HSBC) mulls to expand operations in Asia by hiring more wealth planners for its wealth management business, along with plans of $3.5 billion investment in the region.
Expect the market to be 'quite volatile' in the short term, says HSBC
Cecilia Chan of HSBC Asset Management says the recent sell-off in markets was "healthy" as valuations have become quite expensive.
HSBC and Barclays, which have pledged to stop financing new coal projects, have been challenged by a legal group over a Japanese bond it says will contribute to the financing of coal-fired power in Viet...
HSBC records a decline in revenues along with lower expenses in the fourth quarter of 2020.
HSBC PLC (LON:HSBA) said today it remains committed to its flagship London office at Canary Wharf but will cut office space elsewhere by 40% as part of its cost-saving drive. Noel Quinn, chief executive...
Challenge for HSBC's pivot to Asia is all about execution, Citi says
Citi's Global Head of Banks Research Ronit Ghose discusses HSBC's strategic update and the outlook for U.K. banks as the country prepares to leave lockdown in the spring.
HSBC is pushing even harder into Asia as the bank seeks to shore up its business in the wake of the coronavirus pandemic and ongoing tensions between the United Kingdom and China. It's also bringing bac...
HSBC Holdings plc provides banking and financial products and 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 products and services, such as current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services for ultra high net worth individuals; and wealth management services, including insurance and investment products, global asset... [Read more...]
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In 2020, HSBC Holdings's revenue was $63.07 billion, a decrease of -11.19% compared to the previous year's $71.02 billion. Earnings were $5.23 billion, a decrease of -29.18%.
According to 2 analysts, the average rating for HSBC Holdings stock is "Hold." The 12-month stock price forecast is 32.93, which is an increase of 3.78% from the latest price.