Media releases

“We had a good third-quarter performance, with strong growth in profits supported by additional credit provision releases,” said Group Chief Executive Noel Quinn.

HSBC Holdings plc (“HSBC”) and Temasek today announced a partnership to establish a debt financing platform dedicated to sustainable infrastructure projects with an initial focus on Southeast Asia, as part of efforts to reduce climate change.

HSBC announces the appointment of Lord Udny-Lister as Senior Adviser to Mark Tucker, Group Chairman, HSBC Holdings, with effect from 27 September 2021.

HSBC has agreed to acquire AXA Singapore for USD575 million - a key step in supporting its ambition to be Asia’s leading insurance and wealth provider.

HSBC Holdings plc reported profit before tax in 1H21 of USD10.8bn, up from USD4.3bn in 1H20. All regions were profitable and there was continued strength in Asia.

HSBC Continental Europe (‘HBCE’) has today signed a Memorandum of Understanding (‘MOU’) with Promontoria MMB SAS (‘My Money Group’), its subsidiary Banque des Caraïbes SA (the ‘Purchaser’) and My Money Bank (‘MMB’), regarding the potential sale of HBCE’s retail banking business in France.

David Liao and Surendra Rosha have been appointed as Co-Chief Executives of HSBC Asia Pacific, taking over from Peter Wong with immediate effect.

Strategically repositions US retail business towards international banking and wealth management.

HSBC, in partnership with WRI and WWF, today unveils their Climate Solutions Partnership to unlock barriers to finance for companies and projects that tackle climate change.

“We had a good start to the year in support of our customers, while achieving materially enhanced returns for our shareholders,” said Group Chief Executive Noel Quinn.

HSBC Holdings plc reported profit before tax of USD8.8bn, down 34%, from higher expected credit losses and other credit impairment charges and lower revenue, partly offset by a fall in operating expenses.

HSBC has today announced a number of changes to its senior management team.

HSBC Holdings plc announces the appointment of Dr Celine Herweijer as Group Chief Sustainability Officer, effective July 2021.

Nuno Matos is appointed as Chief Executive of Wealth and Personal Banking (WPB), subject to regulatory approval.

“These were promising results against a backdrop of the continuing impacts of COVID-19 on the global economy,” said Group Chief Executive Noel Quinn.

Capital market participants are attaching greater importance to sustainable finance than a year ago, even as issuers and investors navigate unprecedented challenges due to the COVID-19 pandemic.

HSBC today announced an ambitious plan to prioritise financing and investment that supports the transition to a net zero global economy.

HSBC and Mastercard today announced a partnership under Mastercard’s City Possible framework whereby the two companies will provide their expertise to help cities achieve sustainable economic growth.

HSBC Holdings plc reported profit before tax of USD4.3bn, down 65%, reflecting the impact of COVID-19, falling interest rates, increased geopolitical risk and heightened levels of market volatility.

HSBC is partnering with the Asian Development Bank to provide finance to suppliers of vital medical equipment and support the recovery from COVID-19.