HSBC Stock Recent News

Julius Baer Group is set to name ex-HSBC Holdings chief executive Noel Quinn as its next chairman, Bloomberg News reported on Friday citing people familiar with the matter.

Max Kettner, HSBC's chief multi-asset strategist, discusses the latest market sell-off after Nvidia shares plummeted following quarterly earnings.

American investors are feeling the impact of tariff threats, as hedge funds funnel money away from domestic tech to international competitors. However, it isn't just Chinese competitors who are benefiting from the inflationary and tariff squeeze concerns facing the United States—investors are also taking a renewed interest in top European stocks.

PARIS, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Eurobank Ergasias Services and Holdings S.A.

HSBC is reducing staff numbers at its China digital wealth business Pinnacle by nearly half, or about 900 people, two sources said, a sharp reversal of the bank's ambition for the unit as part of its expansion plans in that country.

PARIS, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Achmea B.V. Post Stabilisation Notice HSBC (contact: syndexecution@noexternalmail.hsbc.com) hereby gives notice that no stabilisation was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

PARIS, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Banque Fédérative du Crédit Mutuel Pre Stabilisation Notice HSBC (contact:  syndexecution@noexternalmail.hsbc.com ) hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities The securities: Issuer: Banque Fédérative du Crédit Mutuel Guarantor (if any): NA  Aggregate nominal amount: EUR Benchmark Description: Fixed rate due 7th March 2035 Offer price: TBC Other offer terms:   Stabilisation: Stabilising Manager(s): HSBC Continental Europe, Crédit Industriel et Commercial S.A., J.P. Morgan, NatWest Stabilisation period expected to start on: 26th February 2025 Stabilisation period expected to end no later than: 4th April 2025 Existence, maximum size & conditions of use of over-allotment facility [1] : 5% of the aggregate nominal amount Stabilisation Venue(s) Over the counter (OTC) In connection with the offer of the above securities, the Stabili

HSBC has been a strong performer recently, with multiple expansion powering a ~60% return over the past 12 months. Excluding notable items, HSBC delivered a mid-teens return on tangible equity last quarter. Guidance sees only modest slippage from that through 2027, better than the market expected. These shares trade for roughly 1.3x tangible net asset value, which is justified by its earnings quality.

Job cuts at HSBC Holdings PLC (LSE:HSBA) have been extended to its investment bank functions in London, according to reports.  The bank is axing "hundreds" of jobs in London and other European financial centres as part of chief executive Georges Elhedery's streamlining plans, Financial News website reported, citing insiders.

Michael Roberts, HSBC's CEO of corporate and institutional banking, says it's up to the bank to think through the risks for its clients.