HSBC

HSBC hit with fine in Hong Kong for phone recording breaches

The Hong Kong Securities and Futures Commission (SFC) has imposed a monetary penalty of HK$2.1m ($268,000) against HSBC for failing…

HSBC CEO for Greater China business resigns

HSBC Greater China CEO Helen Wong Pik-kuen has stepped down, marking the second senior executive departure in a month. Pik-kuen…

HSBC hit with €300m fine for alleged tax evasion in Belgium

The Swiss private banking arm of HSBC has been handed a fine in the region of €300m to resolve tax…

HSBC to trim headcount by more than 4,000

British banking group HSBC is set to reduce its headcount by more than 4,000 as part of a restructure. The…

HSBC H1 wealth and private banking profit rises; CEO steps down

The Retail Banking and Wealth Management arm of HSBC has posted an adjusted pre-tax profit of $4.44bn for the first half…

HSBC to axe hundreds of investment banking jobs

British banking group HSBC is planning to shed hundreds of jobs at its investment banking arm in a bid to…

HSBC to increase retail wealth management headcount in Asia

British banking group HSBC is set to hire around 300 employees for its retail wealth management unit in Asia by…

HSBC results show wealth unit up but private banking profits down

The Retail Banking and Wealth Management unit of HSBC has posted results showing an adjusted pre-tax profit of $2.23bn for…

Private banks compete on tech as much as investment skill

HSBC's tie-up with BlackRock Aladdin shows competition is heating up in the wealth management tech space, says GlobalData. Private wealth…

HSBC to offer BlackRock Aladdin Wealth platform to high-net-worth clients

HSBC is set to boost it wealth management offering with the use of the BlackRock Aladdin Wealth platform, after 18…