HSBC Holdings plc

Former HSBC chief executive John Flint will become the first head of a new state bank designed to promote infrastructure investment, Britain's finance ministry said on Wednesday.

First Abu Dhabi Bank is expected to sell 250 million pounds ($344.38 million) in five-year bonds, a document showed on Tuesday.

Judicial hearings in Huawei Chief Financial Officer Meng Wanzhou's extradition case wrapped up on Wednesday and British Columbia Associate Chief Justice Heather Holmes said she would announce the date of her ruling on Oct. 21.

HSBC Holdings said the banking group has initiated legal proceedings against El Salvador for what the company called a breach of the nation's investment treaty with the UK.

Banks are failing to deliver on promises to hire, retain and promote more Black executives as prejudice and a reluctance to change stymie leaders' good intentions, a former HSBC banker who resigned this month over the problems said.

HSBC Holdings has agreed to acquire French insurer Axa's Singapore assets for $575 million, part of its strategy of scaling up its wealth-management business in Asia to boost fee income.

Europe's banks are stashing cash to pay bumper bonuses to top performers, amid a deal frenzy driven by pent up demand from the COVID-19 pandemic and rebounding bank profits.

Lawyers making a final push to convince a Canadian court not to recommend the extradition of Huawei Chief Financial Officer Meng Wanzhou on Wednesday called into question the reliability of information provided by the United States in its extradition request.

HSBC has increased pay for first-year analysts in its United States investment banking business to $100,000 from $85,000, a source familiar with the matter said on Wednesday, following similar moves by Wall Street rivals in recent weeks.

Huawei Chief Financial Officer Meng Wanzhou is returning to a Canadian courtroom on Wednesday for the final weeks of her U.S. extradition hearings, as the legal proceedings running more than two years draw to a close.

Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia's coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative...

* ADB preparing feasibility study on early closures (Adds Citi declines to comment further)

Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia's coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative...

Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia's coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative...

HSBC Holdings beat forecasts on Monday with first-half pretax profit that more than doubled from last year when it set aside $7 billion to cover pandemic-related bad loans.

How long can “cautious optimism” be used to describe HSBC ? Asking for throngs of shareholders.

HSBC Holdings said on Monday first-half pretax profit more than doubled, beating expectations as the bank benefited from an economic rebound in Hong Kong and Britain, its two biggest markets.

Barclays has appointed Omar Faruqui as co-head of its mergers and acquisitions (M&A) franchise in Europe, the Middle East and Africa as part of a leadership shake-up to ride a wave of deal-making activity in the post-COVID world.

Commerzbank is abandoning a project to outsource securities settlement to HSBC and as a result will write off 200 million euros ($236.2 million) in the second quarter, the German lender said on Thursday.