Key insight: HSBC taps powerful former Citi executive to bolster its private-banking business. Supporting data: HSBC, which aims to be the leading private bank in Asia, the Middle East and the United ...

NEW YORK--(BUSINESS WIRE)--HSBC today announced the appointment of Jason Henderson as Chief Executive Officer for the United States, effective immediately. Henderson has served as Interim CEO since ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Under the agreement, HSBC will combine its internal technology ...

Financing and deals with oil and gas companies will have a materially lower share in the energy portfolio of HSBC as new energy opportunities arise, the banking giant’s chief sustainability officer, ...

HSBC forecasts that OPEC+ will increase its output more rapidly in late 2026, even after a planned pause in the first quarter of 2026. Despite the Q1 2026 pause, HSBC maintains a bearish outlook on ...

HSBC on Thursday announced it has successfully used quantum computing in a trial to optimize bond trading, making it the first in the world to prove the value of the powerful emerging technology in ...

HSBC Holdings’ (NYSE: HSBC) shares are trading relatively flat in the premarket session on Friday. The banking giant recently announced plans to exit its retail banking operations in Sri Lanka, ...

Jay Gambetta, vice president of IBM Quantum, observes the chandelier-like part of a quantum computer that cools the microchip. IBM provided the quantum computer that HSBC used in its experiment on ...

HSBC and IBM’s trial revealed that quantum techniques were more effective than classical computing in managing this complexity, particularly when predicting quote prices. The experiment drew on ...

HSBC remains highly profitable with a 14.7% RoTE (18.2% ex-notables), a CET1 ratio of 14.6%, and consistent shareholder returns through dividends and $3B buybacks. Revenue momentum is weak: reported ...

HSBC’s stock (NYSE: HSBC) has performed quite well this year, increasing by approximately 33% since the beginning of January. This is in contrast to its competitor JP Morgan (NYSE: JPM), which is up ...