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2021-06-18 Comments Off on HSBC takes $2.3 billion hit with sale of French retail bank

HSBC takes $2.3 billion hit with sale of French retail bank

LONDON/PARIS (Reuters) -HSBC has agreed to sell its French retail bank to Cerberus-backed My Money Group in a deal which

2021-05-31 Comments Off on HSBC to expand wealth businesses here and in region, build on Singapore's growing stature as hub

HSBC to expand wealth businesses here and in region, build on Singapore's growing stature as hub

SINGAPORE – HSBC is building on Singapore’s growing stature as a hub for the well-heeled by expanding its wealth businesses

2021-05-12 Comments Off on HSBC loses senior traders in New York as exodus continues

HSBC loses senior traders in New York as exodus continues

NEW YORK (BLOOMBERG) – A swathe of senior traders have left HSBC Holdings’ US business in recent months as the

2021-04-29 Comments Off on HSBC opens family office in Singapore and Hong Kong for crazy rich Asian clients

HSBC opens family office in Singapore and Hong Kong for crazy rich Asian clients

SINGAPORE (BLOOMBERG) – HSBC Holdings is offering its ultra-rich clients in Asia direct access to its investment bankers as the

2021-01-26 Comments Off on HSBC says ‘we can’t cherry pick laws’ as bank accused of aiding democracy crackdown

HSBC says ‘we can’t cherry pick laws’ as bank accused of aiding democracy crackdown

The head of HSBC has told MPs that he “can’t cherry pick which laws to follow” as he defended the

2020-05-20 Comments Off on HSBC sees double-digit wealth asset growth in Asia by 2023

HSBC sees double-digit wealth asset growth in Asia by 2023

HONG KONG (REUTERS) – HSBC Holdings expects to achieve double-digit asset growth in its newly combined wealth business in Asia

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