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HSBC profit in Q2 stung by higher costs, China charge
HSBC Holdings Plc shareholders wiped out about $9.4 billion of the firm’s market capitalization after quarterly earnings fell short of expectations as Chief Executive Officer Georges Elhedery pushes through an increasingly expensive restructuring of the firm.
Regtechtimes on MSN10h
💸 HSBC Swiss bank under global scrutiny — secret accounts, dirty money & $300M under the radarHSBC’s Swiss private banking division is under serious scrutiny as local and French authorities launch investigations into possible money laundering. The bank has acknowledged that these ...
Stocktwits on MSN1d
HSBC’s Swiss Private Bank Hit By Money Laundering Probe, Q2 Profit SlumpsHSBC said on Wednesday that local and French law enforcement agencies are investigating its Swiss private bank in connection ...
GlobalData on MSN1d
HSBC reportedly considers selling Australian retail bankThe potential sale, managed by Citi, could attract local lenders seeking to expand their credit card offerings.
HSBC Holdings saw its profit fall sharply in the first half of 2025, according to interim results released yesterday. The ...
HSBC Holdings Plc’s Swiss private bank is the focus of a Swiss investigation into suspected money-laundering connected to the alleged embezzlement of hundreds of millions of dollars by the former head ...
Bank giant HSBC said Wednesday that group profits fell in the first half on higher costs but noted that it was "well ...
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