After more than six decades in Australia, HSBC has officially abandoned its retail banking ambitions. Founded in Hong Kong in 1865, HSBC first established operations in Australia in 1965 and was awarded a local commercial banking licence in 1986.

The Epoch Times has reached out to HSBC Australia for comment.

Speaking on Wednesday, HSBC’s chief executive Georges Elhedery confirmed that HSBC was still a member of the alliance. 

HSBC downgraded the graphic card maker to hold from buy on Friday, saying that the uncertainties will persist until the company lays out a permanent succession plan.

The share prices of Standard Chartered, HSBC, Prudential, and AIA dipped. UBS postponed its mid-year wealth outlook in China, and HSBC discouraged unnecessary travel to the mainland by its private wealth bankers based in Hong Kong.

of 33 HSBC branches for four years.

A Texas official on Monday added HSBC Holdings to an energy sanctions list, widening a crackdown on companies which in the state's view are too focused on energy transition.

Atitl likened HSBC Hong Kong to an “independent kingdom. “The British government has put so much pressure on it, and the parliament has asked HSBC representatives to come for testimony, but there is still no response.

It wasn't clear how much of the sum exited Canada, but HSBC booked a profit of about $6.7 billion on the sale.

Danielle Kang surged to the front of the pack at the HSBC World Championship with a second-round 63 on Friday at the Sentosa Golf Club's Tanjong Course in Singapore.

“This morning, the Government and the Bank of England facilitated a private sale of Silicon Valley Bank UK to HSBC. Deposits will be protected, with no taxpayer support.

According to Chinese financial outlet Caixin, she earned a master's degree in media management from Hong Kong Baptist University and later worked in private banking at HSBC in Hong Kong and in securities finance at CITIC Securities, one of China's largest

HSBC should also prove its commitment and promise to protect its customers' best interests and that political motives do not sway HSBC.

Cowper-Coles's remarks, HSBC said, "Sherard was at a private roundtable discussion under the Chatham House Rule and shared his personal views.”

The UK’s advertising watchdog has banned two HSBC adverts for giving “misleading” information about the bank’s green credentials.

A new poll by UK banking giant HSBC has found a rising number of managers are reconsidering how they integrate environmental, social, and governance (ESG) issues into their investment strategies.

Unlike NAB and ANZ, HSBC is withdrawing from a business segment rather than primarily reducing staffing. The expansion of non-bank lenders could further reshape the landscape. Less Jobs to Go Around?

Kirk went on leave from HSBC in May following an address to the FT Moral Money Summit Europe in London.

The report said HSBC breached the U.N.

In an interview with the Epoch Times, Yau expressed his criticism of HSBC for assisting the Chinese Communist Party (CCP) in suppressing Hongkongers.

HONG KONG—Hong Kong on Thursday raised its base rate by 75 basis points (bps) to 3.5 percent, prompting the largest commercial banks operating in the territory, including HSBC, to increase their best lending rates.

HSBC Qianhai is a securities joint venture between HSBC and Qianhai Financial Holdings.

HSBC said access to funding remained one of the biggest hurdles for female business leaders worldwide. Female-owned businesses had received just 3 percent of start-up funding in 2019, HSBC said.

Under the agreement, all of HSBC Canada's earnings from June 30, 2022, through to the closing of the deal will accrue to the Canadian bank.

“HSBC continued their remediation to address these weaknesses after the relevant period.” An HSBC spokesman said: “We are pleased to resolve this matter, which relates to HSBC’s legacy anti-money laundering systems and controls in the UK.

“They are inconsistent with HSBC’s strategy and do not reflect the views of the senior leadership of HSBC or HSBC Asset Management. Our ambition is to be the leading bank supporting the global economy in the transition to net zero.”

HSBC forecast in August that the three would lose a combined 16.8 billion yuan ($2.5 billion) this year, and estimates compiled by the London Stock Exchange Group, a financial data provider, point to a seventh straight annual net loss for Air China and

She subsequently entered China’s financial sector, working in the private banking division of HSBC in Hong Kong and in the securities finance business at CITIC Securities, one of China’s largest brokerage firms.

LONDON—HSBC and Wells Fargo have begun using a blockchain platform to settle bilateral foreign currency (FX) trades in the latest sign of how technology which underpins crypto assets is spreading to more mainstream activities.

HSBC Holdings PLC expects the debt problems involving embattled property developer China Evergrande Group to have an impact on capital markets but does not see any direct impact on the bank, its group CEO said.