Browsing Tag
Hang Seng Bank
4 posts
HSBC profit rises 32% to $9.6bn, but legal comparisons complicate the recovery story
HSBC reported $9.6 billion in quarterly pretax profit and a 17.7% return on tangible equity as net interest income and transaction banking improved. However, the profit increase benefited from the absence of large legal provisions recorded a year earlier, while capital requirements and restructuring continue shaping the bank's outlook.
HSBC H1 profit reached $19.5bn. Why is Pam Kaur leaving during a $2bn cost reset?
HSBC is searching internally and externally for a successor to Group CFO Pam Kaur as the bank lifts its simplification savings target to $2 billion and continues reshaping businesses, management layers and geographic exposure.
HSBC Q3 2025 earnings: Can the bank maintain momentum despite legal charges and slow lending?
HSBC delivered $7.3B Q3 profit amid $1.4B legal charges, but strong core growth and $43B NII guidance show momentum. See the full results now.
HSBC’s $13.6bn Hang Seng Bank buyout: Why it’s betting big on Hong Kong’s financial future
HSBC is offering HK$106 billion to take Hang Seng Bank private. Find out why the lender is making this bold move and what it means for Hong Kong banking.