Media releases

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.

HSBC Insurance (Asia) Limited has entered into an agreement to acquire the remaining equity interest in HSBC Life China, subject to regulatory approval.

HSBC Holdings plc reported profit before tax of USD3.2bn, down 48%, primarily reflecting the impact of the COVID-19 outbreak and weakening oil prices.

HSBC has announced that it has cancelled the fourth interim dividend for 2019 amid the economic uncertainty surrounding the coronavirus pandemic.

HSBC Holdings plc announces that Noel Quinn is appointed Group Chief Executive Officer. This is effective immediately.

HSBC Holdings plc reported profit before tax for 2019 of USD13.3 billion, down 33 per cent. Adjusted profit before tax rose 5 per cent to USD22.2 billion.

HSBC Holdings plc announces changes to its senior management team which will position the Group for the next phase of its growth.

HSBC Holdings plc notes the publication today of the results of the Bank of England’s 2019 stress test.

HSBC Holdings plc announces a number of changes to its senior management team which will position the Group for the next phase of its strategy.

HSBC Holdings plc reported profit before tax was down 18 per cent to USD4.8 billion. Reported revenue was down 3 per cent to USD13.4 billion.

HSBC Holdings plc announces the appointment of Jonathan Calvert-Davies as Group Head of Internal Audit, effective 1 October 2019.

HSBC Holdings plc announces the appointment of Barry O’Byrne as interim Chief Executive of Global Commercial Banking, subject to regulatory approval.

HSBC Holdings plc reported profit after tax of USD9.9 billion in the first half of 2019, up 18.1 per cent. Reported revenue was up 7.6 per cent.

HSBC Holdings plc announces that John Flint has today stepped down as Group Chief Executive and as a Director by mutual agreement with the Board.

HSBC Holdings plc announces that Patrick Burke will retire from HSBC, to be succeeded as President and Chief Executive Officer, HSBC USA by Michael Roberts.

HSBC Holdings plc reported profit after tax of USD4.9 billion for the first quarter of 2019, up 31 per cent compared with the first quarter of 2018.

HSBC Holdings plc reported profit before tax of USD19.9 billion in 2018, up 16 per cent on 2017. Reported revenue rose 5 per cent to USD53.8 billion.

HSBC has settled more than three million FX transactions and made more than 150,000 payments worth $250 billion using distributed ledger technology.