Asia pivot: HSBC moves ahead with expansion of wealth business in China

HSBC (NYSE:HSBC) is planning to ramp up the expansion of its wealth business in China despite macroeconomic ... since it reopened private banking services last year. HSBC (HSBC) has been pivoting ... Read More

Services activity hit 13.5 year high in March: HSBC PMI

“India’s services PMI rose in March, following a small dip in February, on the back of strong demand that spurred sales and business activity,” said Ines Lam, HSBC economist. Finance ... Read More

HSBC to accelerate China wealth expansion, on track to meet hiring target

HONG KONG (Reuters) - HSBC plans to accelerate the expansion of its wealth business in China despite economic ... where it re-launched private banking services last year, said wealth and personal ... Read More

China’s economy expands by a surprisingly strong pace in the first quarter of 2024

The Caixin/S&P manufacturing PMI ... demand picked up. China has set an annual growth target of around 5% for 2024, which many analysts considered ambitious, as consumer and business confidence ... Read More

KKR, HSBC Talk Up China Opportunities After Lengthy Selloff

(Bloomberg) -- KKR & Co. and HSBC Asset Management sounded an optimistic note on China even as global ... The UK lender has also been building up its alternatives business, agreeing to buy ... Read More

China’s ‘Big Three’ expected to post first-quarter profits: HSBC report

HSBC says it has lowered its full-year profit forecasts on the back of higher fuel costs, coupled with softening yields this year as capacity ramps up. Despite China having opened its borders for ... Read More

Shake-up at HSBC to `improve services'

chairman of HSBC Investment Banking, said: ``We believe these changes will improve our client services, concentrate product expertise and make better use of capital for our clients' business. Read More

India's services growth picks up in March on robust demand

rebounding from a dip in February, amid strong sales and business activity, according to a private survey on Thursday. The HSBC India Services Purchasing Managers' Index (PMI), compiled by S&P ... Read More

HSBC Holdings PLC ADR

These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of ... Read More

HSBC to Accelerate China Wealth Expansion, on Track to Meet Hiring Target

HSBC to Accelerate China Wealth Expansion ... also plans to expand its mainstay wealth business in India, where it re-launched private banking services last year, said wealth and personal banking ... Read More