Hang Seng Bank shares jump 25% as parent HSBC's privatization bid values it at over $37 billion

HSBC said it has asked the board of Hang Seng Bank to put forward a privatization proposal to shareholders via a scheme of ...

What’s behind HSBC’s privatisation of Hang Seng Bank? Drive for efficiency, analysts say

The privatisation will lead to synergies, save costs and improve efficiency in terms of personnel and systems, Everbright's ...

HSBC offers $13.6 billion to buy out Hong Kong's Hang Seng Bank

HSBC said it plans to buy out minority interests in Hong Kong's Hang Seng Bank for HK$106.1 billion ($13.63 billion), paying ...
Investopedia

HSBC Profit Plunges on $3 Billion Write-down of Stake in Chinese Bank

Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...

HSBC considers exit from U.S. retail banking - FT

HSBC Holdings Plc is considering a complete exit from retail banking in the United States after narrowing the options for how to improve performance at its struggling North America business, the ...
The Asset

HSBC extends tokenized deposit service to Singapore

HSBC has introduced its tokenized deposit service (TDS) in Singapore, extending the blockchain-based payment capability beyond its initial launch in Hong Kong.
Business Wire

HSBC Brings First-of-its-Kind Sustainable Finance Product Suite to Canadian Businesses

VANCOUVER, British Columbia--(BUSINESS WIRE)--HSBC Bank Canada announced today the launch of five new sustainable finance tools for commercial and global banking clients. Available to Canadian ...