|30 Oct 2023||
HSBC Holdings plc 3Q 2023 Earnings Release
“We’ve had three consecutive quarters of strong financial performance and are on track to achieve our mid-teens return on tangible equity target for 2023,” said Group Chief Executive Noel Quinn.
|09 Oct 2023||
HSBC signs agreement to acquire Citi’s retail wealth management portfolio in China
‘This investment will allow us to further build out our core wealth business in HSBC Bank China,’ said Nuno Matos, CEO, Wealth and Personal Banking.
|20 Sep 2023||
HSBC plans climate tech funding push
HSBC has announced plans to make available $1bn of financing to early-stage climate tech companies around the world.
|01 Aug 2023||
HSBC Holdings plc Interim Results 2023
“We have delivered a strong first half performance and are confident of achieving our revised mid-teens return on tangible equity target in 2023 and 2024,” said Group Chief Executive Noel Quinn.
|01 Aug 2023||
HSBC announces plans for new joint venture with Tradeshift
HSBC and B2B fintech Tradeshift have today announced an agreement to launch a new, jointly-owned business focused on the development of embedded finance solutions and financial services apps.
|05 Jul 2023||
HSBC becomes first bank to join the UK’s pioneering commercial quantum secure metro network
HSBC is the first bank to join BT and Toshiba’s pioneering commercial quantum secure metro network, working in collaboration with Amazon Web Services (AWS).
|12 Jun 2023||
HSBC Innovation Banking launches at London Tech Week
New standalone entity, formerly Silicon Valley Bank UK, will be core to HSBC’s strengthened global innovation economy proposition.
|02 May 2023||
HSBC Holdings plc 1Q 2023 Earnings Release
“Our strong first quarter performance provides further evidence that our strategy is working,“ said Group Chief Executive Noel Quinn.
|19 Apr 2023||
HSBC response to statement by Ping An Asset Management Company
The Board of HSBC believes a structural reconfiguration of HSBC Asia Pacific would result in material loss of value for HSBC shareholders.
|14 Apr 2023||
HSBC Continental Europe: update on sale of retail banking business in France
Significant interest rate rises since the sale terms were agreed and the related fair value accounting treatment on acquisition have made completion by the Purchaser Group less certain.
|13 Mar 2023||
HSBC acquires Silicon Valley Bank UK Limited
HSBC Holdings plc announces that its UK ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for £1.
|21 Feb 2023||
HSBC Holdings plc Annual Results 2022
“2022 was another good year for HSBC,” said Group Chief Executive Noel Quinn. “We completed the first phase of our transformation and our international connectivity is now underpinned by good, broad-based profit generation around the world.”
|29 Nov 2022||
HSBC agrees to sell its business in Canada to Royal Bank of Canada
HSBC Holdings plc announces its wholly owned subsidiary, HSBC Overseas Holdings (UK) Limited, has today entered into an agreement to sell its banking business in Canada (‘HSBC Canada’) to Royal Bank of Canada, subject to regulatory and governmental approvals.
|25 Oct 2022||
HSBC Holdings plc announces Georges Elhedery appointed as Group Financial Officer and Executive Director, Greg Guyett appointed CEO of GBM - Ewen Stevenson to step down.
|25 Oct 2022||
HSBC Holdings plc 3Q 2022 Earnings Release
“We maintained our strong momentum in the third quarter and delivered a good set of results,” said Group Chief Executive Noel Quinn.
|22 Sep 2022||
HSBC Asset Management to phase out thermal coal investments
22 September 2022 – HSBC Asset Management (HSBC AM), has announced its policy to phase out coal-fired power and thermal coal mining (‘thermal coal’) from its listed holdings.
|01 Aug 2022||
HSBC Holdings plc Interim Results 2022
“Our first-half performance reflects the continued impact of our strategy, with gathering revenue momentum and tight cost control,” said Group Chief Executive Noel Quinn.
|26 Apr 2022||
HSBC Holdings plc 1Q 2022 Earnings Release
“Our strategy is on track, with organic growth and good momentum across most parts of the Group,” said Group Chief Executive Noel Quinn.
|16 Mar 2022||
HSBC announces net zero steps
HSBC Holdings plc (‘HSBC’) today announces plans to continue our leadership on climate change and outlines three steps we will take to turn our net zero ambition for our portfolio of clients into business transformation across the bank.
|22 Feb 2022||
HSBC Holdings plc Annual Results 2021
HSBC Holdings plc reported profit before tax of USD18.9bn in 2021, up USD10.1bn on 2020. “We have good momentum coming into 2022,” said Group Chief Executive Noel Quinn.
|22 Feb 2022||
HSBC sets net zero aligned targets to reduce financed emissions from oil and gas, power and utilities sectors
HSBC Holdings plc (HSBC) today publishes ambitious new 2030 targets for reductions in financed emissions from two carbon intensive sectors, Oil and Gas, and Power and Utilities.
|11 Feb 2022||
HSBC completes acquisition of AXA Singapore
Further to the announcement on 16 August 2021, HSBC Insurance (Asia Pacific) Holdings Limited, an indirect wholly-owned subsidiary of HSBC Holdings plc (HSBC), has completed the acquisition of 100% of the issued share capital of AXA Insurance Pte Limited (AXA Singapore).
|31 Jan 2022||
HSBC becomes partner in Breakthrough Energy Catalyst
HSBC Holdings plc (“HSBC”) is today announcing it is investing USD100m as an anchor partner in Breakthrough Energy Catalyst, (“Catalyst”), a groundbreaking programme that leverages private-public capital to accelerate the development of clean technologies that will help achieve net-zero emissions by 2050.
|30 Dec 2021||
HSBC receives regulatory approval to acquire remaining 50% stake in HSBC life China
HSBC Insurance (Asia) Limited, an indirect wholly-owned subsidiary of HSBC Holdings plc (HSBC), has received approval from the Shanghai office of the China Banking and Insurance Regulatory Commission to acquire the remaining 50% equity interest in HSBC Life Insurance Company Limited (HSBC Life China), which would allow HSBC to take its shareholding to 100% upon completion.
|23 Dec 2021||
HSBC to acquire L&T Investment Management
HSBC Asset Management (India) Private Ltd, an indirect wholly-owned subsidiary of HSBC Holdings plc (HSBC), has entered into an agreement with L&T Finance Holdings Limited (LTFH) to fully acquire L&T Investment Management Limited (LTIM) for US$425 million.
|14 Dec 2021||
HSBC announces thermal coal phase-out policy
HSBC Holdings plc (“HSBC”) is today setting out a detailed policy to phase out the financing of coal-fired power and thermal coal mining by 2030 in EU and OECD markets, and worldwide by 2040.
|13 Dec 2021||
Statement on the Bank of England 2021 stress test results
HSBC Holdings plc (‘HSBC’ or together with its subsidiaries, the ‘Group’) notes the publication today of the Bank of England’s 2021 Solvency Stress Test (‘SST’) results.
|25 Oct 2021||
HSBC Holdings plc 3Q 2021 Earnings Release
“We had a good third-quarter performance, with strong growth in profits supported by additional credit provision releases,” said Group Chief Executive Noel Quinn.
|30 Sep 2021||
HSBC and Temasek Launch Partnership to Catalyse Sustainable Infrastructure Projects in Asia
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.
|17 Sep 2021||
HSBC appoints Senior Adviser to the Group Chairman
HSBC announces the appointment of Lord Udny-Lister as Senior Adviser to Mark Tucker, Group Chairman, HSBC Holdings, with effect from 27 September 2021.
|16 Aug 2021||
HSBC to acquire AXA Singapore
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.
|02 Aug 2021||
HSBC Holdings plc Interim Results 2021
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.
|18 Jun 2021||
Sale of retail banking business in France
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.
|07 Jun 2021||
HSBC appoints David Liao and Surendra Rosha as Co-Chief Executives for Asia Pacific
David Liao and Surendra Rosha have been appointed as Co-Chief Executives of HSBC Asia Pacific, taking over from Peter Wong with immediate effect.
|26 May 2021||
HSBC exits US mass market retail banking
Strategically repositions US retail business towards international banking and wealth management.
|20 May 2021||
HSBC partners with WRI and WWF to scale next generation solutions to climate change
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.
|27 Apr 2021||
HSBC Holdings plc 1Q 2021 Earnings Release
“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.
|23 Feb 2021||
HSBC Holdings plc Annual Results 2020
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.
|22 Feb 2021||
HSBC Holdings plc Senior management changes
HSBC has today announced a number of changes to its senior management team.
|16 Feb 2021||
HSBC announces appointment of Celine Herweijer as Group Chief Sustainability Officer
HSBC Holdings plc announces the appointment of Dr Celine Herweijer as Group Chief Sustainability Officer, effective July 2021.