HSBC Holdings plc

HSBC and the Asian Development Bank (ADB) will provide a combined $300 million in financing to help Asia's supply chains boost manufacturing capacity for COVID-19 vaccines, the two lenders said on Friday.

HSBC is moving more than 1,200 staff in Britain to permanent working from home contracts, in one of the strongest indications yet of how banks are locking in changes to employees' work patterns as a result of the pandemic to cut costs.

An Indian court on Tuesday said China's ByteDance must deposit around $11 million that authorities believe the company owes in an alleged case of tax evasion, a decision the government said bars the firm from using existing bank funds for other purposes.

A branch of arguments in Huawei Chief Financial Officer Meng Wanzhou’s bid to stop her extradition to the United States from Canada ended on Thursday with a prosecutor saying her lawyers had an "impoverished" view of the facts over their assertion U.S. authorities violated...

Canadian police were negligent when they failed to preserve the texts and emails of a retired officer who later refused to testify at Huawei Chief Financial Officer Meng Wanzhou's U.S. extradition hearings, Meng’s defence argued in court on Monday.

Huawei Chief Financial Officer Meng Wanzhou's U.S. extradition hearings on Monday are expected to focus on a former Canadian police officer who refused to testify despite being a key witness to the core allegations that Canadian and American authorities inappropriately coordinated...

HSBC has entered final negotiations to sell its French retail banking business to private equity firm Cerberus, a source familiar with the matter said on Wednesday.

HSBC has entered into final negotiations to sell its France retail bank business to Cerberus, a source familiar with the matter said on Wednesday.

HSBC will phase out its support for the coal industry in the developed world by 2030 and in the developing world by 2040, the bank said on Thursday, bowing to investor pressure to toughen its stance on fossil fuel financing.

Canadian prosecutors told a court on Thursday that a judge was not best-placed to decide whether national security and geopolitical concerns can be used to strike down the request by the United States to extradite Huawei Chief Financial Officer Meng Wanzhou.

The total investment required to achieve the 2050 Paris Accord climate target will reach $100 trillion over the next 30 years, HSBC's corporate banking chief Samir Assaf said on Tuesday.

Huawei Chief Financial Officer Meng Wanzhou's U.S. extradition hearing resumed in a Canadian court on Monday with defence countering prosecutors' claims that Meng misled HSBC about the Chinese telecom company's relationship with its affiliate while doing business in Iran.

Huawei Chief Financial Officer Meng Wanzhou will return to a Canadian court Monday for the final phase of the arguments in her U.S. extradition case, which would focus on whether her arrest was politically motivated and if abuses of process occurred during her detainment.

HSBC and Barclays, which have pledged to stop financing new coal projects, have been challenged by a legal group over a Japanese bond it says will contribute to the financing of coal-fired power in Vietnam.

Concise insights on global finance in the Covid-19 era.

HSBC Holdings PLC lowered its long-term profitability target on Tuesday and unveiled a revised strategy focused mainly on wealth management in Asia after the COVID-19 shock saw its annual profit drop sharply.

HSBC plans to nearly halve its office space globally over the long term as part of a cost-cutting drive set out on Tuesday, in a further sign the pandemic could mean permanent changes to working patterns.

Gymnasts know that failing to fully commit to a move increases the chances of landing face-first. Noel Quinn, chief executive of $124 billion HSBC, risks something similar with his half-hearted jump further into Asia.

HSBC plans to nearly halve its office space globally over the long term as part of a renewed cost-cutting drive set out on Tuesday, in a further sign the COVID-19 pandemic is leading companies to make drastic changes to working patterns.