Europe's largest bank aims to cut a total of 8-thousand jobs in Britain by the end of 2017 as part of its restructuring efforts.
The bank is turning more positive on Sri Lanka, while downgrading Vietnam to a 'neutral' rating.
Though overdraft programs started out as a customer courtesy, the fees have become an expensive and risky form of credit.
While HSBC's Q1 bottomline was better than expected, it still needs to find new growth drivers, says Huarong International Securities's Jackson Wong.
European markets ended sharply lower on Tuesday as earnings from major banks disappointed, and a sharp decline in mining stocks weighed.
Some of the names on the move ahead of the open.
Asian stocks mostly gained on Tuesday, with Australia's shares climbing and its dollar falling after the RBA cut interest rates unexpectedly.
HSBC reported adjusted pretax profit of $5.4B for Q1, which CEO Stuart Gulliver called a resilient result in tough market conditions.
HSBC had struggled with a difficult operating environment in key markets such as Hong Kong and the U.K., warns Alex Wong from Ample Capital.
On June 23, all eyes will be on the U.K. as it decides whether it wants to stay in the EU. Here's what key sectors are saying about a “Brexit”.
Argentina confirmed the seven banks managing its upcoming bond issue in the government's official gazette on Friday.
Sponsoring events such as the Rugby 7s is a cost-efficient way for the bank to conduct marketing, explains Giles Morgan, global head of sponsorship and events at HSBC.
U.S. ratings agency Moody’s has warned oil, gas and mining companies are finding it harder to raise short-term liquid funds.
European equities finished sharply lower on Tuesday, as volatility in commodity markets weighed on sentiment.
Panama Papers reveal hidden offshore accounts, hitting bank stocks around the world.
U.S. stock futures were sharply lower this morning, following Monday's modest decline on Wall Street.
Google is bringing Android Pay to the U.K. "in the next few months" putting it head-to-head with rivals Apple and Samsung.
Jim Cramer gives his opinion on caller favorite stocks at lightning speed, including this popular biotech play.
European equities finished mixed on Wednesday as investors digested new U.K. budget announcements and awaited the latest news from the U.S. Federal Reserve.
The ECB needs to do something to reflate the economy, but negative rates aren't it, said David Hussey, Manulife Asset Management's head of Europe equities.