The Latest Breaking News from HSBC

For those of a certain maturity, the Nineties offered mixed messages. The overthrow of Margaret Thatcher, the ERM debacle and the humiliation by elements in his own party of John Major were all associated with enduring economic misery. The arrival in 1997 of Tony Blair and Gordon Brown, the independence…

Many British companies make their profits outside the UK or provide services so essential they know the government will step in to cover consumer bills, says economic geography professor Brett Christophers

ONE of the country’s biggest banks is steeled for a “mild recession” in the coming months as house prices are predicted to fall amid continued…

The banking giant said it had already seen an increase in the number of people defaulting on their mortgages

She was woken up by an Apple Pay alert to discover the money had disappeared

Rises in interest rates are driving unemployment, low wages and poverty while the banks cash in, says campaigner Fran Boait

Bank increases CEO’s bonus and plans bigger shareholder payout as it faces pressure from investor Ping An

HSBC today moved to fend off pressure from one of its biggest shareholders to break up the group and return chunks of cash to investors.

Banking giant HSBC today revealed its profits jumped 90% to $5.2 billion (£4.3 billion) in the final three months of 2022.

The banking group’s reported profit fell by 1.4 billion US dollars (£1.16 billion) to 17.5 billion dollars (£14.5 billion)

The family firm is launching two new products and creating new jobs on the back of the HSBC deal