|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.