HSBC Holdings PLC HSBC entered into a joint agreement with Grupo Financiero Galicia (“Galicia”) to sell its Argentina business. The transaction is valued at $550 million and aims to shift its focus on ...

After shutting its retail banking business in the United States in 2021, HSBC Holdings PLC HSBC is now set to close its business banking division in the country. This announcement comes amid the ...

HSBC Holdings HSBC is undergoing a strategic transformation, shifting its focus toward Asia while restructuring key parts of its global operations. Let’s have a look at the bank’s strategic plan and ...

HSBC (NYSE:HSBC) will sell its Argentina business for $550M to Buenos Aires-based Grupo Financiero Galicia and book a $1B pre-tax loss from the sale in Q1 2024. The deal - expected to be completed in ...

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 ...

Hong Kong/London — HSBC said Tuesday that it would combine some of its commercial and investment banking operations in a major overhaul under its new CEO, which will see it cut costs while trying to ...

NEW YORK--(BUSINESS WIRE)--HSBC Bank USA today announced the launch of the HSBC Hybrid Checking Account, a new product designed to maximize a company’s returns by combining an Earnings Credit Rate ...

HSBC share price continued its strong rally and is now sitting at its all-time high, with its market capitalization hitting ...

HSBC Holdings, Plc. (NYSE:HSBC) shares traded higher on Tuesday after the company reported first-quarter results. Revenue decreased 13% year over year (Y/Y) to $17.6 billion due to business ...

HSBC posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of the ...

HSBC Holdings plc HSBC has agreed to sell its life insurance business in the U.K., HSBC Life (UK) Limited, to Chesnara, a life and pensions consolidator, for a cash consideration of £260 million. The ...