HSBC Holdings

HSBC Holdings Plc engages in the provision of banking and financial services. It operates through the following business segments: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, Global Private Banking, and Corporate Centre. The Retail Banking and Wealth Management segment consists of retail banking, wealth management, asset management, and insurance. The Commercial Banking segment offers banking products and services. The Global Banking and Markets segment includes transaction banking, financing, advisory, capital markets, and risk management services. The Global Private Banking offers transaction banking, financing, advisory, capital markets and risk management services to high net worth individuals and families. The Corporate Centre segment is comprises of central treasury, including balance sheet management, other legacy businesses, interests in associates and joint ventures, central stewardship costs and the UK bank levy. The company was founded on January 1, 1959 and is headquartered in London, the United Kingdom.

Earnings data Q1 2021

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Founded in 1865 to finance trade between Asia and the West, today HSBC is one of the world’s largest banking and financial services organisations serving around 46 million customers. Their aim is to be acknowledged as the world’s leading and most respected international bank.

As part of its strategy to focus on the Asia region, HSBC announces its exit from the retail banking business in New Zealand.

HSBC to Wind Down Retail Banking Business in New Zealand

HSBC has decided to wind-down its wealth and personal banking business in New Zealand, the bank website showed on Tuesday.

HSBC to close New Zealand wealth and personal banking business

British banking giant HSBC has officially launched a revamped version of Silicon Valley Bank UK.

HSBC Innovation Emerges From Ashes of SVB UK

HSBC unveiled its new HSBC Innovation Banking unit Monday, following its eleventh-hour rescue of the U.K. subsidiary of SVB in March.

HSBC builds innovation division from the bones of collapsed SVB UK

Analysts expect mortgage rates to soar and housing prices to plummet in the U.K., as the effect of higher interest rates ripples through the British housing market.

HSBC pulls some UK mortgage deals as fears of rising rates hits home buyers once more

HSBC Holdings PLC (LSE:HSBA) temporarily withdrew all its loans with only hours' notice, last night, after strong demand, as homeowners scrambled to remortgage ahead of expected interest rate increases. The lender said it would remove all its “new business” residential and buy-to-let products, with deals becoming available again on Monday.

HSBC pulls mortgage deals as homeowners scramble to beat rising rates

SVB Financial Group

Silicon Valley Bank UK will continue to serve startup businesses from "seed funding to IPO" after its takeover, the CEO of HSBC UK told CNBC.

HSBC says rebranded Silicon Valley Bank UK will maintain startup focus while targeting global growth

Are things looking up for savers? HSBC Holdings PLC (LSE:HSBA) is boosting rates on a number of its savings accounts just as two smaller players make their plays for customer's hard-earned cash.

HSBC set to give savers a boost with rate increases

The HSBC (LON: HSBA) share price has done well in 2023 as investors focus on the company's turnaround strategy. The stock has risen by 20% in 2023, outperforming other bank shares considering that the KBE ETF has dropped by more than 20% this year.

As the HSBC share price outperforms, is it still a good buy?

accesso Technology Group plc (AIM: ACSO), which has developed technology used by theme operators and in the entertainment and cultural markets, has announced the successful agreement of a new banking relationship and facility with HSBC. This US$40 million revolving credit facility has a four-year term, to May 2027, and is accompanied by a $20 million accordion option which the group says it may utilise as it pursues its strategic plan into the mid-term.

accesso Technology agrees new banking facility with HSBC

Having built up its global scale in previous decades, HSBC is now unlocking value by streamlining its non-core operations. As Q1 showed, the core business continues to be resilient as well, defying the deteriorating investor sentiment on banks this year. Given its wide discount to book and elevated shareholder returns, HSBC equity offers investors compelling value at these levels.

HSBC Holdings: Fundamentally Strong Bank Trading At An Unwarranted Discount To Book

HSBC is set to announce next month that the UK arm of Silicon Valley Bank will be renamed HSBC Innovation Banking, Sky News reported on Monday.

HSBC to rename British arm of Silicon Valley Bank next month- Sky News

First quarter results for HSBC showed that it is on the right track to achieve a higher ROE. Shareholder activism has brought a more competitive return of capital to shareholders.

HSBC: An Update On Fair Value After Q1 Earnings

Citigroup

Deutsche Bank

Morgan Stanley

Royal Bank of Canada

Citi (C), Deutsche Bank (DB), HSBC, Morgan Stanley (MS) and Royal Bank of Canada (RY) have allegedly conspired in chat rooms to swap sensitive information on UK bonds between 2009 and 2013.

HSBC, Citi, 3 Others Likely to be Fined for UK Bond Collusion

HSBC weighs exits from roughly 12 countries as part of its strategy to further bolster presence in the Asia region.

HSBC Mulls Exit From 12 Countries to Focus on Asia Business

HSBC is reviewing a possible exit from as many as a dozen countries, or one in five of the markets it operates in, to sharpen its focus on Asian expansion, Chief Financial Officer Georges Elhedery told Reuters in his first interview since taking the role.

Exclusive: HSBC puts global footprint under fresh scrutiny, considers dozen exits

Lloyds Banking Group

NatWest Group plc 

Expected easing in the current pressure on UK bank profit margins towards the end of the year should benefit the likes of HSBC, NatWest and Virgin Money more than Lloyds Banking. That is the view of analysts at RBC Capital Markets, who calculate that the headwinds on net interest margins – the difference between the amount a bank earns on its loans and pays out on its deposits – are going to subside by the end of 2023 and turn into a “small tailwind” in 2024.

Lloyds to benefit less than HSBC, NatWest as mortgage market pressures ease - broker

HSBC is reviewing a possible exit from as many as 1 in 5 of the countries the lender operates in to sharpen its focus on Asian expansion, Chief Financial Officer Georges Elhedery told Reuters in his first interview since taking the role.

Exclusive: Asia-focused HSBC puts 12 countries on exit watchlist

The U.K.'s Competition and Markets Authority on Wednesday said it has provisionally found that Citi, Deutsche Bank, HSBC, Morgan Stanley and Royal Bank of Canada broke competition law by exchanging sensitive information on U.K. government bonds in one-to-one online chats.

Five banks unlawfully shared information on government bonds, U.K. regulator says

The Competition and Markets Authority (CMA) has provisionally ruled that Citi, Deutsche Bank, HSBC, Morgan Stanley (NYSE:MS), and the Royal Bank of Canada (TSX:RY) breached competition law by sharing sensitive trading information on the UK government debt market. Discussions, which are alleged to have taken place in Bloomberg private chat rooms between 2009-13, revolved around the purchase and sale of government bonds, specifically gilts and gilt asset swaps, and allegedly included strategy details such as pricing.

Five banks colluded in the government debt market, UK watchdog provisionally rules

Britain's Competition and Markets Authority said on Wednesday it had provisionally found five major global banks broke UK competition law by exchanging sensitive information on government bonds in one-to-one online chats.

HSBC, Citi, Deutsche Bank, Morgan Stanley and RBC traders broke competition law, watchdog finds

First Citizens, which bought most of Silicon Valley Bank in late March, has sued the British lender for more than $1 billion in damages over a talent exodus.

SVB's New Owner Sues HSBC for Poaching Key Bankers

HSBC Holdings currently ranks #2 in banks in Seeking Alpha's Quant system. It's second in banking overall after Unicredit S.p.A.

HSBC Holdings: A Fortress Of A Bank

First Citizens BancShares

First Citizens FCNCA, +0.06% is suing HSBC Holdings HSBC, +0.55% for more than $1 billion in damages, alleging that the U.K. bank took top bankers and confidential information from fallen Silicon Valley Bank, press reports citing a lawsuit in federal court said. First Citizens bought SVB in the U.S. while HSBC bought its U.K. arm.

First Citizens sues HSBC over SVB departures and data

First Citizens claims HSBC's move produced an unfair competitive advantage by giving it access to “trade secret information.”

News for HSBC Holdings Stock (HSBC)