HSBC to lower prime lending rate in H. Kong
HSBC Holdings announced on Thursday that it will reduce its prime lending rate in Hong Kong by 12.5 basis points to…
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HSBC
IFC, HSBC launch $1b trade finance facility
The International Finance Corporation (IFC) and The Hongkong and Shanghai Banking Corporation Limited (HSBC) have…
HSBC faces €31.7m penalty after EU court decision
HSBC has lost its challenge against a 31.7 million euro ($33.4 million) fine imposed by the European Union (EU) for…
BNP Paribas signs deal to acquire HSBC’s German private banking unit
BNP Paribas announced on Monday it had signed an agreement to acquire HSBC's private banking activities in Germany.
BNY Mellon, HSBC express optimism for Egypt’s economy at BEBA mission
The Bank of New York Mellon Corp. (BNY) praised on Friday Egypt's new ministerial economic group for their…
HSBC considers merging commercial, investment banking to reduce costs
HSBC is exploring the possibility of combining its Commercial and Investment banking divisions to streamline…
WB raises $6.5b in record sustainable bond deal
The World Bank has raised $6.5 billion through a dual-tranche Sustainable Development Bond transaction, marking its…
World Bank issues $225m Amazon reforestation bond
The World Bank has successfully priced a groundbreaking 9-year, $225 million Amazon Reforestation-Linked Bond,…
UK banks can be wound down without public funds – BoE
The Bank of England (BoE) announced on Tuesday that Britain's top eight banks, including HSBC, Barclays, Lloyds,…
World Bank kicks off FY25 with $2.7b in sustainable bonds tied to SOFR rate
The World Bank initiated its fiscal year 2025 US Dollar Benchmark Programme by pricing two Sustainable Development…
