HSBC has renamed its “eastern markets” and “western markets” business sections, within months of creating them, after the branding prompted renewed speculation that the bank might formally split along east-west lines.
We recently published a list of 14 Best Holding Company Stocks to Buy Right Now. In this article, we are going to take a look at where HSBC Holdings plc (NYSE:HSBC) stands against other best holding company stocks to buy right now.
HSBC has kicked off a process to find a new CEO for its UK business after appointing Ian Stuart to a newly created role in charge of customer engagement and culture, the bank said on Tuesday.
This compares to rival Barclays (NYSE: BCS) stock, which gained almost 15% over the same period, and JP Morgan (NYSE: JPM) , which remains up by about 9% over the
Barclays analysts have said HSBC “never had it so good” as they predicted further growth and upsides for the FTSE 100 lender. Following the lender’s strong full-year performance, the analysts upgraded HSBC’s share price target by 28 per cent to 1,
HSBC is reducing staff numbers at its China digital wealth business Pinnacle by nearly half, or about 900 people, two sources said, a sharp reversal of the bank's ambition for the unit as part of its expansion plans in that country.
In findings published today, the committee said that between January 2023 and February 2025, at least 158 banking IT failures were recorded across Barclays, HSBC, Lloyds, Nationwide, Santander, NatWest, Danske Bank, Bank of Ireland and Allied Irish Bank.
HSBC is replacing the chief executive of its UK business, announcing that longtime head Ian Stuart will take on a newly created role at the bank in the latest reshuffle of its senior ranks since Georges Elhedery took the helm in September.
The new head of sustainability at HSBC Holdings Plc says the time has come for banks to stop penalizing clients that have a large carbon footprint.
HSBC has been a strong performer recently, with multiple expansion powering a ~60% return over the past 12 months. Read why I remain bullish on HSBC stock.
Lydia Ko is now second on the LPGA Tour’s all-time money list. With her $360,000 first-place prize by winning the HSBC Women’s World Championship Sunday, Ko surpassed Karrie Webb. Ko now has $20,595,105 in official career earnings. She trails only Annika Sorenstam, who made $22,583,693.
UBS analyst Jason Napier maintained a Hold rating on HSBC Holdings (HSBA – Research Report) today and set a price target of £9.60. The