| // 30-08-2010 |
HSBC Holdings plc has entered into exclusive discussions with Old Mutual plc about the possible acquisition of a majority stake in Nedbank Group Limited, South Africa's fourth largest banking group by total assets.
|
| // 23-08-2010 |
HSBC Trinkaus und Burkhardt AG ('HSBC Trinkaus' or 'the bank') reported strong profit growth in the first half of 2010 despite the continuing challenging economic environment.
|
| // 20-08-2010 |
Strong increase in profitability
|
| // 09-08-2010 |
Strong increase in profitability
|
| // 25-06-2010 |
The following is the text of an announcement made today by HSBC Bank Malta p.l.c., a 70.03 per cent indirectly held subsidiary of HSBC Holdings plc.
|
| // 14-06-2010 |
The following is the text of an announcement made today by HSBC Bank Malta p.l.c., a 70.03 per cent indirectly held subsidiary of HSBC Holdings plc.
|
| // 14-05-2010 |
The following is the text of an announcement made today by HSBC Bank Malta p.l.c., a 70.03 per cent indirectly held subsidiary of HSBC Holdings plc.
HSBC Bank Malta p.l.c. (HSBC Malta) is required to publish the following Interim Directors' Statement covering the period from 1Jan 2010 to 11 May 2010 (the date of the Statement) under Listing Rules 9.51 and 9.53 of the Malta Financial Services Authority.
|
| // 08-05-2010 |
HSBC's financial performance in the first quarter of 2010 was very good and well ahead of Q1 2009*, substantially driven by lower loan impairment charges.
|
| // 07-05-2010 |
Total operating income for the quarter ended 31 March 2010 was MXN5,324 million, up by MXN568 million or 11.9 per cent compared with MXN4,756 million for the same period in 2009.
|
| // 04-05-2010 |
Total operating income for the quarter ended 31 March 2010 was MXN5,324 million, up by MXN568 million or 11.9 per cent compared with MXN4,756 million for the same period in 2009.
|
| // 04-05-2010 |
Our Expat Explorer survey is returning for the third year and it’s your chance to get involved with the largest global study of expats. The survey aims to capture and share insights from thousands of expats living in all four corners of the globe. Last year’s survey showed us the favourite places for expats to live (not what you might think!).
|
| // 03-05-2010 |
Results of a new international research study fielded in 11 cities around the world are released today by HSBC, 'The world's local bank'
|
| // 13-03-2010 |
Total operating income before loan impairment charges for the year ended 31 December 2009 was MXN34,620 million, down by MXN5,313 million or 13.3 per cent compared with MXN39,933 million in 2008.
|
| // 12-03-2010 |
# Underlying pre-tax profit up US$4.7 billion or 56 per cent to US$13.3 billion, after excluding the goodwill impairment in North America in 2008.
# On a reported basis, pre-tax profit down 24 per cent to US$7.1 billion.
# Reported profit attributable to shareholders up 2 per cent to US$5.8 billion.
# Positive jaws, with revenues up 8 per cent, costs down 4 per cent, and cost efficiency ratio 47.5 per cent on an underlying basis, after excluding the goodwill impairment in North America in 2008...
|
| // 19-02-2010 |
Net income attributable to common shares was C$148 million for the quarter ended 31 December 2009, an increase of 28.7 per cent compared to the same period in 2008...
|
| // 29-01-2010 |
The following news release was issued today by The Saudi British Bank (SABB), a 40 per cent indirectly held associate of HSBC Holdings plc.
|
| // 18-01-2010 |
The following news release was issued today by The Saudi British Bank (SABB), a 40 per cent indirectly held associate of HSBC Holdings plc.
|
| // 24-11-2009 |
Bank Ekonomi reported profit before tax of IDR359 billion (US$33 million) for the nine months to 30 September 2009, an increase of 55 per cent on the same period in 2008.
Net interest income for the nine months to 30 September 2009 increased by 36 per cent, or IDR176 billion (US$16 million), to IDR660 billion (US$62 million). This was driven by higher yields.
Non interest income for the nine months to 30 September 2009 increased to IDR74 billion (US$7 million) up 34 per cent or IDR19 billion (US$1.7 million) compared to the same period in 2008. This mainly resulted from an increase in fees from treasury product and gain on foreign exchange of IDR11 billion (US$1 million), increase in account service fees of IDR2 billion (US$0.2 million), and a gain on the sale of fixed assets of IDR6 billion (US$0.6 million)
|
| // 23-11-2009 |
HSBC Bank plc, a wholly owned subsidiary of HSBC Holdings plc, has agreed the sale of 8 Canada Square, Canary Wharf, London to the National Pension Service of Korea ('NPS') for £772.5 million in cash. As a result of the transaction, a gain of approximately £350 million will be recognised in HSBC's income statement on completion, expected to be before 31 December 2009.
|
| // 13-11-2009 |
#
Net income attributable to common shares was C$101 million for the quarter ended 30 September 2009, a decrease of 15.8 per cent over the same period in 2008.*
#
Net income attributable to common shares was C$300 million for the nine months ended 30 September 2009, a decrease of 34.5 per cent over the same period in 2008.*
#
Return on average common equity was 11.8 per cent for the quarter ended 30 September 2009 and 11.7 per cent for the nine months ended 30 September 2009 compared with 13.6 per cent and 17.8 per cent respectively for the same periods in 2008.*
|
| // 12-11-2009 |
Profitability for the first nine months of 2009 was stronger than our expectations at the start of the year, as positive trends experienced in the first half continued into the third quarter. As a result, year to date pre-tax profit was ahead of the comparable period in 2008 on an underlying basis, excluding movements in fair value on our own debt related to credit spreads. On the same basis, pre-tax profit for the third quarter of 2009 ('Q3 2009') was significantly ahead of Q3 2008. On a reported basis, HSBC's performance in Q3 2009 was lower than in Q3 2008, largely due to fair value movements on our own debt caused by tightening credit spreads.
|
| // 10-11-2009 |
Nearly two thirds (65 per cent) of people surveyed across the globe believe a new international deal to cut emissions is 'very important', according to the annual Climate Confidence Monitor released today. The 12 country study, commissioned by the HSBC Climate Partnership, sends a clear message to governments preparing to attend the UN climate change summit in December to agree on a policy framework to tackle climate change.
|
| // 09-11-2009 |
The Hongkong and Shanghai Banking Corporation Limited and the Bank of Communications Co. Ltd. (BoCom) are in advanced discussions to transfer their existing joint credit card activities in China to a newly established joint venture company.
HSBC has been a strategic investor of BoCom, China's fifth largest bank by total assets, since 2004. It holds a 19.01 per cent interest in BoCom and, through various agreements, co-operates with BoCom on over 60 initiatives including renminbi trade settlement, payments and cash management services and credit cards.
|
| // 03-11-2009 |
Nearly two thirds (65 per cent) of people surveyed across the globe believe a new international deal to cut emissions is 'very important', according to the annual Climate Confidence Monitor released today. The 12 country study, commissioned by the HSBC Climate Partnership, sends a clear message to governments preparing to attend the UN climate change summit in December to agree on a policy framework to tackle climate change.
|
| // 02-11-2009 |
The Hongkong and Shanghai Banking Corporation Limited and the Bank of Communications Co. Ltd. (BoCom) are in advanced discussions to transfer their existing joint credit card activities in China to a newly established joint venture company.
HSBC has been a strategic investor of BoCom, China's fifth largest bank by total assets, since 2004. It holds a 19.01 per cent interest in BoCom and, through various agreements, co-operates with BoCom on over 60 initiatives including renminbi trade settlement, payments and cash management services and credit cards.
|
| // 23-10-2009 |
HSBC Insurance (Asia Pacific) Holdings Limited (HSBC) has signed an agreement to increase its shareholding in Bao Viet Holdings, Vietnam's leading insurance and financial services group to 18 per cent from 10 per cent currently for VND1.88 trillion (approximately US$105.3 million).
|
| // 16-10-2009 |
The following news release was issued today by The Saudi British Bank (SABB), a 40 per cent indirectly held associate of HSBC Holdings plc.
|
| // 09-10-2009 |
HSBC has been rated number one in the financial sector and third overall in the 2009 Carbon Disclosure Project (CDP). The CDP promotes awareness of business implications of climate change by encouraging the world's leading companies to disclose information about their greenhouse gas emissions.
|
| // 25-09-2009 |
HSBC, the world's leading international and emerging markets bank, is to relocate the principal office of the Group Chief Executive to Hong Kong, in line with its stated strategy to focus on emerging markets and the unique international connectivity that HSBC's global network offers its 100 million-plus customers around the world. The move further positions the Group for the shift in the world's centre of economic gravity from West to East, while HSBC's continued strong presence in major developed markets reflects the increasingly interconnected nature of the global economy and the profile of the Group's customers.
|
| // 14-09-2009 |
|
| // 08-09-2009 |
HSBC Bank Polska SA has agreed to sell its HSBC Credit branded consumer finance portfolio, and its credit card portfolio, to Alior Bank SA. The total consideration, to be paid in cash on completion of the deal, will be at a premium to the net book value of the receivables at the date of completion.
|
| // 06-09-2009 |
HSBC Bank Polska SA has agreed to sell its HSBC Credit branded consumer finance portfolio, and its credit card portfolio, to Alior Bank SA. The total consideration, to be paid in cash on completion of the deal, will be at a premium to the net book value of the receivables at the date of completion. The gross asset value of the two portfolios was PLN1 billion (US$350 million) at 31 July 2009.
|
| // 05-09-2009 |
*
HSBC announces five new emerging market Purchasing Managers' Indices (PMIs ) - the largest number of new PMIs ever announced at one time
*
Including seven existing emerging market PMIs, HSBC now provides PMI data for 64% of the emerging market economies of Asia, South America and Europe
*
First ever PMI announced for South Korea and Taiwan, and new service sector PMIs introduced for Brazil, China and India
*
HSBC to use PMIs for composite index and world's first emerging market index in October - the HSBC EMI
|
| // 27-07-2009 |
#
Net income attributable to common shares was C$114 million for the quarter ended 30 June 2009, a decrease of 27.8 per cent over the same period in 2008.**
#
Net income attributable to common shares was C$199 million for the half-year ended 30 June 2009, a decrease of 41.1 per cent over the same period in 2008.**
#
Return on average common equity was 13.3 per cent for the quarter ended 30 June 2009 and 11.6 per cent for the half-year ended 30 June 2009 compared with 18.6 per cent and 20.0 per cent respectively for the same periods in 2008.**
|
| // 20-07-2009 |
The following news release was issued today by The Saudi British Bank (SABB), a 40 per cent indirectly held associate of HSBC Holdings plc.
|
| // 02-07-2009 |
HSBC Bank plc has sold its 49 per cent holding in HSBC Merchant Services LLP (HMS), the card processing joint venture that serves its UK business clients, to its partner in the venture, Global Payments Inc., for a consideration of US$307.7 million in cash.
The HMS joint venture was created in June 2008 when HSBC sold a 51 per cent stake to Global Payments Inc., a leading processor of electronic transactions. HSBC and Global Payments also have sale-and-referral agreements in the US and Canada along with a joint venture in Asia covering 11 countries and territories.
|
| // 25-06-2009 |
HSBC intends to make an offer to acquire from minority shareholders the remaining 6.14 per cent of Investsmart it does not currently own and to delist Investsmart shares from the Bombay Stock Exchange and the National Stock Exchange of India (the "delisting offer"). During 2008, HSBC acquired 93.86 per cent of IL&FS Investsmart Limited (Investsmart) through its subsidiaries HSBC Securities and Capital Markets (India) Private Limited and HSBC Violet Investments (Mauritius) Limited for a total consideration of INR1,396.3 crore.
|
| // 18-06-2009 |
HSBC Bank plc has sold its 49 per cent holding in HSBC Merchant Services LLP (HMS), the card processing joint venture that serves its UK business clients, to its partner in the venture, Global Payments Inc., for a consideration of US$307.7 million in cash.
|
| // 14-06-2009 |
The Hongkong and Shanghai Banking Corporation Limited, through its wholly-owned subsidiary of HSBC Asia Pacific Holdings (UK) Limited, has completed its acquisition of 88.89 per cent of PT Bank Ekonomi Raharja Tbk (Bank Ekonomi) for US$607.5 million in cash, paid in US dollars.
|
| // 06-04-2009 |
The following text is the English version of a news release issued in Germany by HSBC Trinkaus & Burkhardt, a 78.6 per cent held subsidiary of HSBC Holdings plc.
|
| // 16-03-2009 |
|
| // 06-03-2009 |
Profitable business model
Pre-tax profit for 2008, excluding goodwill impairment, of US$19.9 billion, down 18 per cent. On a reported basis, pre-tax profit was US$9.3 billion, down 62 per cent.
Diversified business model delivers profits in every region except North America and every customer group except Personal Financial Services.
Earnings per ordinary share excluding goodwill impairment down 18 per cent to US$1.36 (2007: US$1.65). On a reported basis, earnings per share was US$0.47, down 72 per cent (2007: US$1.65).
|
| // 04-03-2009 |
HONG KONG -(Dow Jones)- HSBC Holdings PLC's (HBC) GBP12.5 billion rights issue has received pledges of support for 40% of the transaction due to commitments by Hong Kong tycoons to take on the role as sub-underwriters, a person familiar with the situation said Wednesday.
|
| // 02-03-2009 |
HSBC is changing its feathers. Two years ago, it was the canary in the global bank vault when it alerted the world to the problems of subprime mortgages. Now it’s on the verge of raising more than £12 billion. The call for capital echoes its banking peers’ and suggests the financial crisis is lurching into an ugly new phase. And news reports over the weekend say the bank is going to cut back on lending in the United States.
|
| // 23-02-2009 |
Net income attributable to common shares was C$115 million for the quarter ended 31 December 2008, a decrease of 3.4 per cent compared to the same period in 2007*.
|
| // 19-02-2009 |
The following news release was issued today by The Saudi British Bank (SABB), a 40 per cent indirectly held associate of HSBC Holdings plc.
|
| // 11-02-2009 |
The following news release was issued today by The Saudi British Bank (SABB), a 40 per cent indirectly held associate of HSBC Holdings plc.
|
| // 14-01-2009 |
Jan. 14 (Bloomberg) -- HSBC Holdings Plc, Europe’s largest bank by market value, fell in Hong Kong after Morgan Stanley analysts predicted it may have to raise as much as $30 billion and halve its dividend as earnings drop.
|
| // 19-12-2008 |
Dame Mary Marsh (62) has been appointed an independent non-executive Director of HSBC Bank plc with effect from 1 January 2009.
|
| // 17-12-2008 |
HSBC notes various articles appearing in the press today regarding the Group's exposure to the alleged fraud at Madoff Investment Securities LLC ("Madoff"), which is under criminal investigation in the USA.
|
| // 16-12-2008 |
HSBC notes various articles appearing in the press today regarding the Group's exposure to the alleged fraud at Madoff Investment Securities LLC ("Madoff"), which is under criminal investigation in the USA.
|
| // 10-12-2008 |
HSBC has created a new $5 billion global working capital fund for small and medium-sized businesses (SMEs) to ensure that they continue to have access to appropriate credit through the current financial and economic crisis.
|
| // 05-12-2008 |
HSBC and Metrovacesa have agreed that HSBC will secure the title of its global headquarters at 8 Canada Square in London, superseding the existing sale and leaseback agreement between the parties. As a result of this transaction, a gain of approximately £250 million will be recognised in HSBC's income statement for the second half of 2008.
|
| // 02-12-2008 |
HSBC today formally adopts The Climate Principles, a framework for climate change best practice for the financial sector.
|
| // 27-11-2008 |
Global research results released today by the HSBC Climate Partnership reveal that consumers want governments to stop haggling on carbon concessions and act.
|
| // 26-11-2008 |
Rachel Lomax (63) and John Lawson Thornton (54) have been appointed Directors of HSBC Holdings plc with effect from 1 December 2008. They will both be independent non-executive Directors.
|
| // 21-11-2008 |
Stuart Gulliver (49), executive Director of HSBC Holdings plc and Chief Executive Global Banking and Markets and Global Asset Management, has been appointed a Director and non-executive Chairman of HSBC France with effect from 1 January 2009, with Peter Boyles continuing in his capacity as Chief Executive Officer of the bank. The appointment is subject to regulatory approval in France
|
| // 17-11-2008 |
HSBC Bank Malta plc (HSBC Malta) is required to publish the following Interim Directors' Statement covering the period from 1 July 2008 to 14 November 2008 (the date of the Statement) under Listing Rules 9.51 and 9.53 of the Malta Financial Services Authority.
|
| // 12-11-2008 |
HSBC's profit for the third quarter of 2008 was ahead of the third quarter in 2007. For the nine months ended 30 September 2008, pre-tax profit was lower than in the equivalent period in 2007.
|
| // 11-11-2008 |
HSBC's profit for the third quarter of 2008 was ahead of the third quarter in 2007. For the nine months ended 30 September 2008, pre-tax profit was lower than in the equivalent period in 2007.
|
| // 10-11-2008 |
Net income attributable to common shares was C$418 million for the nine months ended 30 September 2008, broadly unchanged compared with the same period in 2007.
|
| // 06-11-2008 |
|
| // 29-10-2008 |
HSBC France, as a member of the French banking community, together with the other major French banks and the French government, is to invest in a new financing company established at the direction of the French government to support the French economy.
|
| // 28-10-2008 |
The Hongkong and Shanghai Banking Corporation Limited, through its wholly-owned subsidiary HSBC Asia Pacific Holdings (UK) Limited, has entered into agreements to acquire 88.89 per cent of PT Bank Ekonomi Raharja Tbk ("Bank Ekonomi") for a consideration of US$607.5 million (or IDR 2,452 per share) to be paid in cash from HSBC's own resources.
|
| // 22-10-2008 |
The Hongkong and Shanghai Banking Corporation Limited, through its wholly-owned subsidiary HSBC Asia Pacific Holdings (UK) Limited, has entered into agreements to acquire 88.89 per cent of PT Bank Ekonomi Raharja Tbk ("Bank Ekonomi") for a consideration of US$607.5 million (or IDR 2,452 per share) to be paid in cash from HSBC's own resources.
|
| // 20-10-2008 |
HSBC Holdings plc has today further strengthened the capital base of its UK subsidiary, HSBC Bank plc, fulfilling its agreed commitment to the UK government’s banking sector scheme announced yesterday, through an equity injection of £750million, representing one per cent of the total shareholders' equity of the HSBC Group as at 30 June 2008.
|
| // 17-10-2008 |
HSBC Holdings plc has today further strengthened the capital base of its UK subsidiary, HSBC Bank plc, fulfilling its agreed commitment to the UK government’s banking sector scheme announced yesterday, through an equity injection of £750million, representing one per cent of the total shareholders' equity of the HSBC Group as at 30 June 2008.
|
| // 15-10-2008 |
The following news release was issued today by The Saudi British Bank (SABB), a 40 per cent indirectly held associate of HSBC Holdings plc.
|
| // 23-09-2008 |
HSBC has achieved the UK's first 'Excellent' rating for design and procurement of its new North London Data Centre under the Building Research Establishment's BREEAM Certification.
|
| // 16-09-2008 |
|
| // 12-09-2008 |
|
| // 11-09-2008 |
|
| // 09-09-2008 |
|
| // 08-08-2008 |
|
| // 05-08-2008 |
NEW YORK (CNNMoney.com) -- The dollar fell against the euro Monday as investors digested news of a large drop in profits at British bank HSBC.
The euro bought $1.5572 late Monday, up from $1.5566 late Friday. The dollar gained against the yen to ¥108.22 late Monday from ¥107.70 late Friday.
|
| // 04-08-2008 |
|
| // 30-07-2008 |
"The first half of 2008 has been challenging. Profit before tax for the six months ended June 30 of €46.6 million is disappointing," chief executive officer Alan Richards said after an HSBC Malta board meeting on Friday. The meeting approved the group and bank interim accounts for the six-month period up to June 30.
"This result represents a decline of €12.4 million, or 21.1 per cent compared to €59 million for the same period last year. However, comparisons with 2007 need some qualification due to a number of one-off factors.
|
| // 29-07-2008 |
HSBC Bank Canada has recorded a net income attributable to common shares of C$142 million for the quarter ended June 30, 2008, an increase of C$7 million, or 5.2% from C$135 million for the second quarter of 2007
|
| // 28-07-2008 |
The following is the text of an advertisement which is to be published in the press in Malta on 25 July 2008 by HSBC Bank Malta p.l.c., a 70.03 per cent indirectly held subsidiary of HSBC Holdings plc.
|
| // 25-07-2008 |
Lowest-rated destinations for expatriates' lifestyle include UK and France
Singapore rated highly for quality of accommodation
Brazilian, Irish and Australian expats are the wealthiest
HSBC Bank International Limited today revealed that Singapore, the UAE and the US are the best locations to be an expat, according to findings of its Expat Explorer survey, the largest international survey of expats ever conducted.
|
| // 21-07-2008 |
HSBC has opened its first branch in Astana, the capital of Kazakhstan, increasing its presence in Central Asia's biggest economy. The new branch offers a full range of retail and commercial banking products and services as well as foreign exchange and capital markets expertise. This is the first of three branches scheduled to be opened in the country this year, with plans for a second branch in city of Atyrau already well underway. Over the medium term, HSBC aims to build a network of branches in major cities across Kazakhstan.
|
| // 03-07-2008 |
HSBC will commence banking operations in Georgia on Monday, unveiling a six-storey flagship branch and head-office premises on Rustaveli Avenue in the heart of the capital Tbilisi. The Group was awarded a local banking licence in July 2007 and will operate under the name HSBC Bank Georgia. This brings to 84 the number of countries and territories in which HSBC has a presence.
|
| // 27-06-2008 |
|
| // 19-06-2008 |
HSBC Bank plc and Global Payments Inc., a leading electronic transaction processor, will establish a joint venture company to build the bank's point-of-sale card payments business.
|
| // 02-06-2008 |
|
| // 22-05-2008 |
|
| // 13-05-2008 |
HSBC has made a strong start to the year despite the turbulence in global financial markets. In the first quarter of 2008, HSBC's profit was ahead of the equivalent period last year.
|
| // 05-05-2008 |
|
| // 30-04-2008 |
HSBC and Lone Star have agreed to extend, until 31 July 2008, the deadline for completion of HSBC's proposed acquisition of 51.02 per cent of Korea Exchange Bank ('KEB'), the sixth largest bank in Korea, subject to regulatory approval.
|
| // 17-04-2008 |
The following news release was issued today by The Saudi British Bank (SABB), a 40 per cent indirectly held associate of HSBC Holdings plc.
|
| // 10-04-2008 |
HSBC has jumped two places to top the latest Forbes 2000 list of the world's largest companies, the first time a non-US company has led the rankings since its launch in 2004. The annual index surveyed blue-chip firms in 26 industries across 60 countries and ranked them according to a composite of sales, profits, assets and market value
|
| // 04-04-2008 |
|
| // 31-03-2008 |
|
| // 21-03-2008 |
HSBC today re-affirmed its strategic focus on Russia with a string of new announcements designed to strengthen its growing franchise. Stuart Lawson, a Russia expert with over a decade's experience of running banks in Russia, has been appointed CEO designate with a mandate to accelerate HSBC's growth across the country.
|
| // 28-02-2008 |
Net income up MXN46 million (approximately 1 per cent), to MXN5,615 million for the year ended 31 December 2007 (MXN5,569 million for the year ended 31 December 2006). For the quarter ended 31 December 2007, net income rose 45.2 per cent compared to the same period in 2006, reaching MXN1,687 million.
|
| // 25-02-2008 |
Brendan McDonagh has been appointed Chief Executive Officer of HSBC North America Holdings Inc., leading HSBC's banking and consumer finance businesses in the USA and Canada. Niall Booker succeeds Brendan as Chief Executive Officer of HSBC Finance Corporation, and as Chief Operating Officer of HSBC North America.
|
| // 31-01-2008 |
Vincent Cheng Hoi Chuen (59) has been appointed an executive Director of HSBC Holdings plc with effect from 1 February 2008.
|
