HSBC Holdings (HSBC) Stock

Europe's second-top court on Wednesday rejected HSBC's challenge against a 31.7 million euro ($33.4 million) fine imposed by EU antitrust regulators three years ago.

Paul Bloxham of HSBC explains why he expects the Reserve Bank of New Zealand's official cash rate to lower to 3.25% by the end of 2025.

The backdrop for stocks is supportive despite the day-to-day Washington machinations

HSBC on Monday said Celine Herweijer has taken the decision to step down as group chief sustainability officer, weeks after a management reshuffle which saw her role removed from the bank's executive committee.

HSBC Holdings PLC (LSE:HSBA) is reintroducing its Premier wealth banking brand in the UK, focusing on "mass affluent" clients with £100,000 to £2 million available for investment, according to Reuters, citing José Carvalho, head of UK Wealth and Personal Banking. The updated Premier service provides 24/7 customer support, financial planning tools, and lifestyle benefits, including travel perks.

HSBC is relaunching its 'Premier' wealth banking brand in Britain, targeting so-called mass affluent customers who have between 100,000 and 2 million pounds ($2.5 million) to invest.

HSBC reportedly wants hundreds of managers to reapply for jobs at the bank's new division. Interviews for positions at HSBC's corporate and institutional banking (CIB) arm have already begun, Bloomberg News reported Monday (Nov. 18), citing sources familiar with the matter.

HSBC Holdings Plc has asked hundreds of managers to reapply for jobs in the firm's newly formed corporate and institutional banking division as Chief Executive Officer Georges Elhedery continues his hunt for ways to make the bank run more efficiently. Interviews are already underway, according to people familiar with the matter, essentially pitting senior staff who came from the commercial banking division against those from the global banking and markets unit to compete for the jobs available in the combined CIB division.

PARIS, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Banque Fédérative du Crédit Mutuel  Post Stabilisation Notice HSBC (contact: [email protected]) hereby gives notice that no stabilisation was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities. Issuer: Banque Fédérative du Crédit Mutuel Guarantor (if any): na Aggregate nominal amount: EUR 1,250,000,000                    Description: 3.25% due 17th October 2031 Offer price: 99.864                                 Stabilising Manager: HSBC Continental Europe This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction This information is provided by RNS, the news service of the London Stock Exchange.