Banks HSBC raises China GDP growth outlook for 2025, 2026 Nada Ali Mar 18, 2025 0 HSBC revised its economic outlook for China on Tuesday, raising its GDP growth forecast for 2025 to 4.8 per cent…
Featured Egypt issues senior unsecured notes with JP Morgan as stabilisation coordinator Aya Anwar Jan 28, 2025 0 JP Morgan Securities PLC announced on Tuesday its role as the Stabilisation Coordinator for Egypt’s latest bond…
Featured European banks see Q4 profit surge, ’25 outlook wobbles Aya El Sayed Jan 28, 2025 0 European banks are set to post strong fourth-quarter 2024 profits, fuelled by robust lending margins and investment…
Featured HSBC pledges support for Egypt’s ambitious economic growth plans Yomna Yasser Jan 22, 2025 0 HSBC is positioning itself to play a key role in supporting Egypt’s economic initiatives, offering expertise in…
Money HSBC to lower prime lending rate in H. Kong Nada Ali Dec 19, 2024 0 HSBC Holdings announced on Thursday that it will reduce its prime lending rate in Hong Kong by 12.5 basis points to…
Initiatives IFC, HSBC launch $1b trade finance facility Aya Anwar Dec 12, 2024 0 The International Finance Corporation (IFC) and The Hongkong and Shanghai Banking Corporation Limited (HSBC) have…
Featured HSBC faces €31.7m penalty after EU court decision Aya El Sayed Nov 27, 2024 0 HSBC has lost its challenge against a 31.7 million euro ($33.4 million) fine imposed by the European Union (EU) for…
News BNP Paribas signs deal to acquire HSBC’s German private banking unit Yomna Yasser Sep 23, 2024 0 BNP Paribas announced on Monday it had signed an agreement to acquire HSBC's private banking activities in Germany.
Featured BNY Mellon, HSBC express optimism for Egypt’s economy at BEBA mission Dina Abdel Fattah Sep 21, 2024 0 The Bank of New York Mellon Corp. (BNY) praised on Friday Egypt's new ministerial economic group for their…
Money HSBC considers merging commercial, investment banking to reduce costs Yomna Yasser Sep 9, 2024 0 HSBC is exploring the possibility of combining its Commercial and Investment banking divisions to streamline…