[ad_1] Updated Dec. 21, 2023 9:20 pm ET OTTAWA—Canada on Thursday approved Royal Bank of Canada’s proposed $10.1 billion deal for HSBC Holdings’s Canadian unit, over a year after the…
Tag: UK:HSBA
The Big Bank With a $15 Billion Conundrum in China
[ad_1] HSBC Holdings has a $15 billion headache in China—a big stake in a local lender that it can’t easily sell and that could require a big write-down. Long after…
Citigroup to Sell China Consumer Wealth Portfolio to HSBC—2nd Update
[ad_1] Citigroup will sell its onshore consumer wealth portfolio in China to HSBC as the U.S. bank continues to leave consumer banking across parts of Asia. [ad_2] Source link
China’s Economic Worries Spur a Different Kind of Shopping Spree
[ad_1] Mainland tourists are flocking to Hong Kong in search of investment-focused insurance. One of the big beneficiaries: HSBC. [ad_2] Source link
When Markets Get Scary, Mom and Pop Buy Gold
[ad_1] Joe Susanno lost thousands of dollars from his retirement account betting on biotech shares in early 2021. Now the 44-year-old integration engineer from Gloucester, Mass., is putting his money…
HSBC Profit Surges in First Quarter on Interest Income, Accounting Gains
[ad_1] The bank announced its first quarterly dividend since 2019. [ad_2] Source link
HSBC First-Quarter Profit Surges, Lifted by Tight Monetary Policy Globally
[ad_1] The Asia-focused bank’s first-quarter net profit surged more than three times compared with a year earlier, as the lender continues to benefit from tighter monetary policy globally. [ad_2] Source…
Europe Takes Aim at Taxpayer-Funded Bank Bailouts
[ad_1] Markets Finance Planned overhaul of eurozone bank-rescue regime comes amid debate over protecting depositors in U.S. and U.K. [ad_2] Source link