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 Holdings
European shares rise 1% on corporate gains, ASML leads
European shares climbed 1 per cent on Wednesday, reaching a two-week high, buoyed by strong corporate updates.
H. Kong holds rates steady amid US Fed decision
The Hong Kong Monetary Authority (HKMA) kept its base rate unchanged at 5.75 per cent on Thursday, mirroring the…
Turkish c. bank holds rates at 50%
The Turkish central bank opted to maintain its benchmark interest rate at 50 per cent for the second consecutive…
HSBC Holding leaves lending rate at 5.875% in H. Kong
HSBC Holdings kept its best lending rate in Hong Kong unchanged at 5.875 per cent.
HSBC to acquire AXA Singapore for $575 million
HSBC Holdings said on Monday it had agreed to acquire French insurer AXA’s Singapore assets for $575 million, a…
HSBC profit falls 40%; plans $2.5 bln buyback
HSBC Holdings PLC announced Wednesday that it will spend up to $2.5 billion in the second half of the year to buy…
HSBC earnings hurt by market volatility
HSBC Holdings PLC said market volatility in the beginning of 2016 crimped its performance as it reported a 18.2…
Ex-HSBC chief joins 250 business executives backing `Brexit’
Former HSBC Holdings Plc Chief Executive Officer Michael Geoghegan is among 250 business leaders backing the push…
HSBC says unlikely to move its head office to the U.S.
HSBC Holdings PLC probably will not be moving its headquarters to the U.S. Ahead of an update next month, when the…
HSBC Egypt plans capital increase in few days
HSBC Holdings PLC has approved to give a support for its Egyptian unit’s capital through retained earnings, CEO and…
HSBC plans Sale of Brazil business for $5.2 billion
HSBC Holdings PLC announced Monday it will sell its Brazil business to Banco Bradesco SA in an all-cash deal valued…
HSBC Chief leaves Lawmakers puzzled by ‘Quite Strange’ Pay Setup
Chief Executive Officer Stuart Gulliver opened his testimony on alleged tax dodging at HSBC Holdings Plc’s Swiss…
HSBC posts Fall in Profit
HSBC Holdings PLC on Monday reported a sharp fall in full-year net profit, as the bank continues to weather…
SocGen Resurgent in Gulf as Bank Seeks Growth After Crisis
Societe Generale SA (GLE), France’s second-largest bank, is seeking to boost lending in the Middle East as part of…
HSBC Said to Reject Euribor Probe Deal as EU Readies Fine
HSBC Holdings Plc (HSBA) dropped out of talks to settle a European Union antitrust probe into rigging of Euribor…
HSBC Profits Seen up 10 Percent As Cost Cuts Pay off
HSBC Holdings (HSBA.L) is expected to report a 10 percent rise in quarterly profit on Monday as Europe's biggest…
Socgen Plans $300 mln Sukuk Program in Malaysia – Sources
Societe Generale (SOGN.PA: Quote) will launch a 1 billion ringgit ($300 million) Islamic bond program in…
Barclays Considers Potential Sale of UAE Retail Business
Barclays Plc is conducting a strategic review of its retail banking operations in the United Arab Emirates which…
HSBC Sued In New York Over Foreclosures: Reports
HSBC Holdings PLC UK:HSBA +1.27% HBC +1.53% HK:5 +0.76% is being sued by New York Attorney…
U.K. Stocks Rebound From One-Month Low
U.K. stocks rebounded from a one-month low on Tuesday, with banks in the driver’s seat, after upbeat construction…
Dubai Shares Soar to Highest Since 2008 as HSBC Stokes MSCI Bets
Dubai shares surged to the highest in more then four years after HSBC Holdings Plc (HSBA)said the United Arab…
European Stock Futures Drop, Indicating New Four-Week Low
European stock futures declined, indicating the Stoxx 600 Europe Index will extend a four-week low, amid…
Egypt Sets Up $12 Bln bond program, Eyes Sukuk Early 2014
Egypt aims to issue its debut sovereign Islamic bond, or sukuk, early next year, which could help ease pressure on…
Dubai Lender Emirates NBD Launches $1 Bln Bond At 5.75%
Emirates NBD launched a $1 billion core capital-boosting bond on Wednesday, amid healthy demand, allowing the Dubai…
JPMorgan Faces Order On Anti-Money Laundering Systems
JPMorgan Chase & Co. (JPM) is expected to receive an order from regulators to bolster anti-money…
Emaar Meets Investors Today
Emaar Properties is meeting with investors in London today for a possible new sukuk, or Islamic bond, issue under…
Europe Shares Post-Summit Slight Rise
European shares posted slight gains Monday, extending a rally scored at the end of last week after a summit meeting…
Europe Shares Wobble Ahead of EU Summit
European stock markets struggled for direction in early trade on Thursday, ahead of a keenly watched European Union…
Europe Shares Up As EU Summit Looms
European stock markets were poised to break a four-day losing streak on Wednesday, as banks and drug makers inched…
Europe Shares Fall Amid Fed Announcement, China Data
European shares lost ground on Thursday after the U.S. Federal Reserve’s policy announcement the prior day fell…
Europe Shares Off Ahead of Fed Announcement, Banks Up
European stock markets erased some of the prior day’s sharp gains on Wednesday, while investors awaited a policy…
UK Shares Fall Amid European Market Turmoil
Oil producers and miners dragged UK shares into negative territory Thursday amid turmoil on the broader European…
HSBC Receives Official Approval For Oman Merger
HSBC Holdings (HSBA.L) has received formal regulatory approval to merge its business in Oman with local lender Oman…
HSBC Launches 1 Bln SMEs Fund In UAE
HSBC Holdings launched a 1 billion dirhams ($272.4 million) small and medium enterprises (SME) fund on Tuesday and…
Europe Shares Mostly Higher Ahead Of ECB Meeting
Most European stock markets rose on Thursday, with drug and bank in the lead, as investors await an interest rate…
Saudi Aramco To Double Gasoline Imports
Saudi Arabian Oil, the biggest exporter of crude, will more than double its gasoline imports this month and next to…
Kuwait Bourse To Start NASDAQ-Backed Trading System
Kuwait Stock Exchange (KSE) will launch a new trading system on May 13, backed by The Nasdaq OMX Group Inc , to…