By John Abiona Updated: 22:48 GMT, 28 November 2023 A gloomy report about the luxury goods industry by analysts at HSBC laid bare the struggles facing the sector. The report, Goodbye Stellar Growth, hit British fashion house Burberry, with its shares falling 3.3 per cent, or 50p, to 1454p. HSBC […]
HSBC
650 posts
HSBC is facing a “hit” of more than £6.3billion as a result of unsecured commercial property loans into China, a UK-based tax consultant has warned. Bob Lyddon branded the situation a ‘disaster’ – and warned of a “financial contagion” risk which could have a knock-on effect on Britain’s economy. HSBC […]
HSBC is currently down and not working right now with thousands currently unable to access key services such as online banking and the all-important smartphone app. The vital financial platforms hit the buffers at around 8 am this morning with HSBC confirming that it is aware of the glitch and […]
According to Down Detector, the problems started at around 08:49 GMT MailOnline tried to access the app, and received a ‘service unavailable’ message By Shivali Best For Mailonline Published: 09:38 GMT, 24 November 2023 | Updated: 10:17 GMT, 24 November 2023 It’s one of the most popular banking apps around […]
HSBC executive Sir Sherard Cowper-Coles steps down after racism row By Leah Montebello Updated: 11:44 BST, 30 September 2023 Row: Sir Sherard Cowper-Coles A leading HSBC executive and Britain’s former ambassador to Saudi Arabia will step down after calling the UK ‘weak’ in dealings with China and telling students that ‘the […]
[1/2]HSBC Bank logo and decreasing stock graph are seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights HONG KONG, Sept 28 (Reuters) – HSBC (HSBA.L) is set to acquire Citigroup’s (C.N) China consumer wealth management business, which manages more than $3 billion in assets, two […]
The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing Rights Five banks aim to apply share rules more consistently Interpretations can leave positions under-reported LONDON, Sept […]
A logo of HSBC is seen on its headquarters at the financial Central district in Hong Kong, China August 4, 2020. REUTERS/Tyrone Siu//File Photo Acquire Licensing Rights HONG KONG, Sept 11 (Reuters) – HSBC Holdings will raise its mortgage rates in Hong Kong by a maximum of 50 basis points, […]