HSBC’s Longshot Dream of Rivaling Wall Street Comes to an End
For years HSBC Holdings Plc harbored dreams of becoming a major player on Wall Street and in the City of London. This week, ...
Analysis-HSBC's global brand in the balance as it doubles down on Asia bet
HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...
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HSBC’s Zing shutdown a $150m innovation misstep, says GlobalData
The failed Zing initiative represents a cautionary tale about why some traditional banks struggle to innovate successfully ...
InvestmentNews1d
Leaked HSBC memo shows bank making huge cuts in UK and US to focus on Asia
HSBC’s decision to exit the M&A and ECM markets outside Asia is seen as a blow to London’s reputation as a global hub for ...
HSBC plans biggest investment banking retrenchment in decades
HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a ...
bankingdive13h
HSBC sunsets year-old app Zing
The money transfer app, launched with initial plans to compete in the U.K. with fintechs like Wise and Remitly, will be ...
InvestmentNews1d
HSBC can't compete with Wall Street giants, plans scale-back
HSBC lacks the scale in New York, London or continental Europe to compete against Wall Street giants, and the move is aimed ...
HSBC admits defeat
Plus, Brighthouse Financial considers a sale as asset managers clamour for insurers and Golden Goose lands a non-IPO deal ...
Exchange 4 Media37m
HSBC takes home 4 metals at IMA 2024
HSBC took home a total of 4 metals across categories. The 11 th edition of the prestigious awards was held on January 29 in ...
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HSBC launches its presence at GIFT City in Gujarat, India
HSBC is the only international bank in GIFT City offering a full range of products and services, including wholesale banking and wealth management.