The bank will maintain a freeze on almost all external recruitment, CEO Noel Quinn said in the memo sent to bank’s 2,35,000 staff worldwide
17 Jun 2020 11:51 AM
Lender reported pre-tax profits of $3.2 billion, down 48 percent citing credit losses from clients hit by the economic slowdown
28 Apr 2020 10:34 AM
The profit was lower than the USD 5.3 billion average of analysts’ estimates compiled by the bank.
28 Oct 2019 11:22 AM
The plan represents the lender’s most ambitious attempt in years to cut costs.
07 Oct 2019 9:45 AM
Aramco is preparing to sell up to a 5 per cent stake by 2020-2021.
09 Sep 2019 12:13 PM
The appointment of the fund managers for another term of three years has been pending with the EPFO since April last year.
15 Aug 2019 4:07 PM
Flint's departure was revealed as HSBC said it was facing an ‘increasingly complex and challenging global environment.’
05 Aug 2019 9:49 AM
A bench headed by NCLAT Chairman Justice S J Mukhopadhaya, dismissed any contempt plea against Ambani and his officials.
23 Jul 2019 3:23 PM
Shanghai shares have gained 17 per cent so far this year. But they slid about 7.6 per cent between early May and early June.
11 Jul 2019 12:30 PM
Survey showed that businesses in India are very optimistic about their growth prospects, despite subdued macro-economic conditions.
26 Jun 2019 3:05 PM
The two Indians whose names have been mentioned in full are Krishna Bhagwan Ramchand and Kalpesh Harshad Kinariwala.
27 May 2019 11:01 AM
HSBC’s profits in Asia grew by 16 per cent to USD 17.8 billion last year, accounting for 89 per cent of the group profit.
19 Feb 2019 2:31 PM
HSBC reported a profit before tax of USD 19.9 billion for 2018 compared with USD 17.2 billion the year before.
19 Feb 2019 11:21 AM
The probe included whether Huawei used HSBC to conduct illegal transactions involving Iran.
07 Dec 2018 9:53 AM
On the HSBC list, undisclosed income of Rs 8,448 crore was detected with a tax demand of Rs 5,447 crore.
08 Aug 2018 8:28 AM
HSBC reported a pretax profit of USD 10.7 billion in the six months through June, up from USD 10.2 billion.
06 Aug 2018 10:42 AM
He is currently HSBC's Head of Financial Institutions Group (FIG) for Asia-Pacific.
30 Jul 2018 12:04 PM
Expectations for Fed rate hikes have increased further in recent weeks.
25 Jun 2018 1:42 PM
Exports, private consumption numbers disappoint.
04 Jun 2018 12:53 AM
The RCom group firm's petition was also backed by public sector lender SBI at NCLAT.
29 May 2018 5:48 PM