Key insight: HSBC taps powerful former Citi executive to bolster its private-banking business. Supporting data: HSBC, which aims to be the leading private bank in Asia, the Middle East and the United ...

NEW YORK--(BUSINESS WIRE)--HSBC today announced the appointment of Jason Henderson as Chief Executive Officer for the United States, effective immediately. Henderson has served as Interim CEO since ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Under the agreement, HSBC will combine its internal technology ...

HSBC Holdings Plc is restructuring its trading division as part of Chief Executive Officer Georges Elhedery’s push to make the lender a powerhouse in the debt financing business. The firm’s ...

Europe's largest lender HSBC on Tuesday beat third-quarter profit expectations. The bank's profit before tax for the three months ended in September was $7.3 billion, down nearly 14% from a year ago.

HSBC said on Monday that it will recognize a provision of $1.1 billion in its third quarter results. A Luxembourg court denied HSBC's appeal in respect of Herald's securities restitution claim. HSBC ...

HSBC Holdings Plc will set aside $1.1 billion to cover litigation by investors who lost money in Bernard Madoff’s fraud, the latest global bank to face a significant hit from litigation dating back ...

HSBC Holdings on Thursday said it was offering a 30% premium to buy just over the one-third of Hang Seng Bank it didn’t already own. The offer of HK$155 per share, entirely in cash, would boost HSBC ...

HSBC on Thursday announced it has successfully used quantum computing in a trial to optimize bond trading, making it the first in the world to prove the value of the powerful emerging technology in ...

HSBC and IBM’s trial revealed that quantum techniques were more effective than classical computing in managing this complexity, particularly when predicting quote prices. The experiment drew on ...

HSBC’s stock (NYSE: HSBC) has performed quite well this year, increasing by approximately 33% since the beginning of January. This is in contrast to its competitor JP Morgan (NYSE: JPM), which is up ...