HSBC

HSBC moves board meeting from Dubai to London over Iran war safety concerns

HSBC has relocated an upcoming board meeting from Dubai to London due to safety concerns related to the ongoing war in Iran, the Financial Times reported on Wednesday.

HSBC says commodities have entered a ‘super bull market’

HSBC has declared that global commodity markets have entered a "super bull market," driven by the simultaneous collision of geopolitical conflicts, extreme weather, and structural demand growth that the bank says is depleting inventory buffers at an accelerating pace.

HSBC raises oil price forecasts by up to $20 a barrel

HSBC analysts raised their 2026 Brent crude price forecast by $10 to $90 per barrel and their 2027 forecast by $20 to $85 per barrel on Tuesday, citing the collapse of the U.S.-Iran memorandum of understanding in July and persistently…

HSBC, Standard Chartered complete first live Swift blockchain transaction

HSBC and Standard Chartered have completed the first live interbank tokenised deposit transaction using Swift's blockchain-based ledger, a milestone in efforts to integrate digital money into mainstream banking infrastructure.

Germany, France, Spain back off yuan bond plans

Three of Europe's largest economies held preliminary talks with banks about issuing offshore yuan-denominated debt but have no plans to follow through, according to a Bloomberg report published Friday.

HSBC beats profit estimates, resumes $1B buyback

HSBC Holdings plc reported second-quarter pretax profit of $10.1 billion on Tuesday, beating analyst estimates of $9.5 billion and resuming share buybacks after a pause tied to its acquisition of Hang Seng Bank. The results cap a strong earnings season…

HSBC agrees to sell Egypt retail banking unit to Emirates NBD

Emirates NBD announced on Sunday that its wholly owned Egyptian subsidiary has signed definitive agreements to acquire the retail banking business of HSBC Bank Egypt, a deal that HSBC expects will generate an approximately $300 million pre-tax gain when it…

HSBC sells $25B Australian loan book to Blackstone

HSBC announced on Friday that it will sell its A$36 billion ($25.3 billion) Australian home and personal loan portfolio to Blackstone, marking the world's largest-ever sale of a home loan portfolio and the bank's exit from retail banking in Australia.

HSBC sells Singapore insurance unit to Allianz for $2.1 billion

HSBC Holdings has agreed to sell its Singapore life and health insurance business to Allianz for S$2.7 billion (approximately $2.1 billion), the bank announced on Wednesday, capping a months-long strategic review and bidding process for the unit.

Survey: 87% of global institutions now access yuan markets

Institutional investors across Asia Pacific are moving beyond early-stage access to Chinese yuan markets and are now focused on operating at scale, according to a new HSBC-commissioned survey released on Sunday. The findings arrive as multiple countries intensify efforts to…

China’s manufacturing posts strongest quarter since 2020

China's manufacturing sector closed out its strongest quarter in nearly six years, with a private business survey released on Wednesday showing factory activity expanded for a seventh consecutive month in June even as the pace of growth eased slightly.