HSBC

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Finance

06 July, 2020

Top MNCs in India: Who earns the most profit, who pays the most tax?

An economic slowdown and the coronavirus pandemic that sapped demand for high-priced products while shifting consumer focus towards essential items ......

Finance

17 June, 2020

HSBC revives plan to cut 35,000 jobs after pandemic pause

HSBC is resuming plans to cut around 35,000 jobs which it put on ice after the coronavirus outbreak, as Europe's ......

Infrastructure

13 May, 2020

CPPIB-backed IndoSpace Core raises $133 mn in debt funding

Warehouse developer IndoSpace Core has raised Rs 1,000 crore (around $132.7 million) in the form of a debt facility from ......

Finance

21 April, 2020

HSBC cuts top investment bank jobs despite wider firing freeze

HSBC has cut a number of top management roles in its investment bank, memos seen by Reuters showed, a sign ......

Finance

03 March, 2020

India retail banking a ‘nice oasis' for HSBC, other foreign lenders

Outsized returns in India, besting local lenders for the first time in a decade, are emboldening banks such as Citigroup, ......

Markets

18 February, 2020

Sensex, Nifty go down as coronavirus fallout dents risk appetite

Indian shares fell on Tuesday, tracking losses in global peers after technology giant Apple and lender HSBC flagged business impact ......

Finance

18 February, 2020

HSBC to shed $100 bn in assets, slash 35,000 jobs over three years

HSBC Holdings said on Tuesday it would shed $100 billion in assets, slashing the size of its investment bank and ......

Finance

09 December, 2019

HSBC names new heads of investment banking division

HSBC has named Georges Elhedery and Greg Guyett as co-heads of the global banking and markets division, which contains the ......

Finance

21 November, 2019

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

A late-year rush of giant global share sales led by Alibaba's $13 billion (10.06 billion pounds) Hong Kong listing and ......

Infrastructure

04 November, 2019

Saudi Aramco kick-starts what could be world's biggest IPO

Saudi Arabia's giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float ......