The Latest Breaking News from HSBC

FTSE 100 Live 29 October: HSBC shares rally as results beat hopes, BP profits fall

Top marks for Pearson and forecast-beating HSBC today contrasted with a results-day setback for BP near the foot of the FTSE 100 index.

Evening Standard · Oct 29, 2024

HSBC’s ‘better world’ seems to exclude our charity

When we asked the bank to transfer our aid fund assets to a new account it refused

The Guardian - UK · Oct 29, 2024

HSBC reports nearly one billion jump in pre-tax profit in third quarter results

However, the British bank’s interest income fell by 1.6 billion dollars when compared with the same time last year.

The Independent UK · Oct 29, 2024

HSBC splits operations into east and west divisions in major overhaul

Bank will also divide into four businesses as it seeks to cut costs and navigate rising geopolitical tensions

The Guardian - UK · Oct 22, 2024

HSBC announces overhaul with bank split into East and West

The bank said it is simplifying operations by splitting into four key units, and geographically into East and West.

Evening Standard · Oct 22, 2024

Europe’s biggest bank announces overhaul with split into East and West

The changes will take effect from 2025

The Independent UK · Oct 22, 2024

Could a recent ruling change the game for scam victims? Here’s why the banks will be watching closely

In Australia, it’s scam victims who foot the bill for the overwhelming majority of the money lost to scams each year.

The Conversation · Oct 18, 2024

Elton John and Michelin meals: Labour pulls out all the stops to woo investors

‘You are pivotal to this great cause of our times,’ Keir Starmer tells global bosses in London as he targets wealth creation

The Guardian - UK · Oct 14, 2024

New HSBC boss ‘ready to cut jobs of senior bankers to save $300m’

Reports say Georges Elhedery’s plans part of restructure that would lead to merging global and commercial units

The Guardian - UK · Oct 10, 2024

2 AI Data Center Stocks to Buy Now for Strong Momentum into 2025

With exponential growth in demand for data center facilities due to the increasing popularity of AI, these two stocks are worth a look right now.

Barchart · Oct 8, 2024