#Hsbc

HSBC Holdings Plc and Standard Chartered Plc are expected to sustain strong returns on higher rates and Asian wealth fees, though China’s tighter capital-flow rules and cost pressures cloud the outlook.

The UK’s fractious politics is making investors wary of long-term wagers in the country’s gilt markets, according to HSBC Holdings Plc’s Max Kettner.

Dozens of Hong Kong-based companies have allegedly helped Iran evade Western sanctions while funneling billions into the hands of terror proxies.

From Gulfnews RSS Feed: Studying abroad from the UAE: Why early financial planning matters

From Independent RSS Feed: HSBC sees shareholder pushback against chair at AGM amid climate action concerns

From Independent RSS Feed: HSBC sees shareholder pushback against chair at AGM amid climate action concerns

HSBC Holdings Plc has carried out a “thorough review” of a $400 million fraud-related provision in its latest earnings and is updating its risk appetite, according to Chairman Brendan Nelson.

London-headquartered bank’s shares slide as it sets aside an extra $300m to cover effects of Middle East conflict

The bank’s revenue was boosted by strong performance in wealth management and the Hong Kong business segment

The UK lender reported first-quarter pre-tax profits of £9.4 billion US dollars (£6.96 billion), down from 9.5 billion (£7 billion) a year earlier.

From Theguardian RSS Feed: HSBC hit by $400m UK fraud-related charge; Rachel Reeves ‘clashed with Scott Bessent’ over Iran war criticism – business live

From Independent RSS Feed: HSBC profits fall slightly despite strong wealth and Hong Kong business growth

Europe's largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts' estimates.

Bank says it has withdrawn proceedings against former Telegraph owners Aidan and Howard Barclay at high court

Hundreds of senior staff in territory benefit from nearly £30,000-a-year grant per child not available to staff in group’s other hubs

The bank said it believes the initiative will contribute to providing a ‘more inclusive experience’ for staff and customers.

As British banking giant HSBC battles a scandal over helping tax evaders and criminals, the U.S. financial system must heed warning signals, say experts.…Read More