The Latest Breaking News from HSBC

Some ‘good news’ for mortgage borrowers despite base rate being maintained

Several mortgage lenders have launched new rates this week

The Independent UK · Nov 6, 2025

Some ‘good news’ for mortgage borrowers despite base rate left on hold

Several lenders have been cutting their mortgage rates in recent days.

Evening Standard · Nov 6, 2025

WeRide’s CEO pitches robotaxis as a solution to aging populations and long commutes, as the firm raises more money for R&D with an HK IPO

CEO Tony Han talks about Chinese investors, self-driving cars as a social good, and why companies like Uber are turning to Chinese robotaxi partners.

Fortune · Nov 6, 2025

What Are Wall Street Analysts' Target Price for Cisco Systems Stock?

Cisco Systems has outpaced the broader market over the past year, and analysts remain optimistic about the stock’s prospects.

Barchart · Oct 30, 2025

HSBC Sets Aside $1.1 Billion Following Luxembourg Court Ruling in Madoff Case

HSBC sets aside $1.1B after Luxembourg court partially upholds Madoff-related claims, warning the legal battle could take years to resolve, impacting profits and highlighting ongoing risks.

International Business Times UK · Oct 28, 2025

William Hill owner cheers ‘good progress’ as sports betting boosts revenues

The figures come around two weeks after the company said it was considering store closures if it is hit by higher taxes at next month’s Budget.

The Independent UK · Oct 28, 2025

HSBC sees 14% profit drop after provision hit from Madoff lawsuit

The earnings come after the bank said on Monday it would set aside $1.1 billion to cover litigation by investors who lost money in the Madoff fraud scandal.

Euronews · Oct 28, 2025

HSBC profits slump 14% after Madoff legal hit

The lender reported pre-tax profits of 7.3 billion US dollars (£5.5 billion) for the third quarter, down from 8.5 billion US dollars (£6.4 billion).

Evening Standard · Oct 28, 2025

HSBC warns it could take years to settle Madoff case as bank takes $1.1bn hit

Lawsuit over Ponzi scheme drags on London-headquartered lender, whose profits plunge by 14%

The Guardian - UK · Oct 28, 2025

Stock markets rise to record highs and Apple touches $4tn market value for first time – as it happened

UK chancellor confident of Gulf trade deal, as she faces £20bn-plus hit to public finances from UK productivity downgrade

The Guardian - UK · Oct 28, 2025