HSBC curbs profit and payout ambitions, bets on Asia wealth
2021-02-23
HSBC ditched its goal of achieving a return on tangible equity of 10 to 12%, and said instead it will aim for 10% over the medium term. Source linkContinue Reading
HSBC is set to report full-year 2020 earnings today. Here's what to expect
2021-02-23
HSBC is set to release its full-year 2020 earnings on Tuesday 12 noon Hong Kong/Singapore time. Source linkContinue Reading
HSBC ups India's FY22 GDP forecast to 11.2%, cuts inflation target to 4.7%
2021-02-22
Besides India, HSBC has cut 2021 CPI inflation forecasts for Hong Kong, Indonesia, Japan, Singapore, Thailand, and Vietnam. In Korea and Malaysia, the upward revisions were marginal Source linkContinue Reading
HSBC lays off 150 employees from back offices in India
2019-08-22
The job impacts are at the mid-management level at its centres in Pune and Hyderabad. Source linkContinue Reading
HSBC lays off 150 employees from India back offices for 'realignment'
2019-08-22
The layoffs were are at the mid-management level at HSBC centres in Pune and Hyderabad. Source linkContinue Reading
EPFO may appoint HSBC AMC, UTI AMC, SBI MF as fund managers for 3-yr term
2019-08-15
Earlier this year, the EPFO had made it clear that the SBI as a bank could not continue as the fund manger of the body Source linkContinue Reading
Shares of HSBC fall more than 1% after news that CEO John Flint will be stepping down
2019-08-05
HSBC on Monday announced the surprise departure of its Chief Executive Officer John Flint, 51, saying the bank needed a change at the top to address "a challenging global environment." Source linkContinue Reading
It would not be surprising if India takes a little breather: Bill Maldonado, HSBC Global AMC
2019-07-16
In India, you need to differentiate and you need to analyse rather than just allocating top down. Source linkContinue Reading
China won't throw stimulus at the market at this stage, HSBC says
2019-07-15
Frederic Neumann, MD and co-head of Asian economics research at HSBC, discusses the latest GDP data out of China. Source linkContinue Reading
UK discount stores are having a 'major impact' on the Big Four: HSBC
2019-07-04
David McCarthy, global head of consumer retail research at HSBC, discusses the U.K. retail sector. Source linkContinue Reading