HSBC sells Argentina division for $550 million

HSBC sells Argentina division for $550 million

Global bank HSBC has agreed to sell its Argentina division to the financial services company Grupo Financiero Galicia for $550 million as it focuses on core Asia operations, it said Tuesday.
HSBC allocates $1 billion to scale up digital platform businesses in ASEAN

HSBC allocates $1 billion to scale up digital platform businesses in ASEAN

HSBC has announced a $1 billion ASEAN Growth Fund to help scale up platform players in the region’s booming digital economy.
HSBC reports 'record profit' of $30.3 bn in 2023

HSBC reports 'record profit' of $30.3 bn in 2023

HSBC said Wednesday it achieved "record profit" in 2023 as pre-tax gains soared by nearly 80 percent, with the banking giant also announcing further share buybacks.
HSBC France retail bank sold to US fund Cerberus

HSBC France retail bank sold to US fund Cerberus

After more than two years HSBC transferred on Monday for an undisclosed amount its retail banking network in France to My Money Group, controlled by US private equity fund Cerberus.
The cost of Asia’s renewable energy challenge

The cost of Asia’s renewable energy challenge

Climate change currently poses the greatest long-term threat to Asian economies
HSBC aims to arrange $12 billion into Vietnamese market

HSBC aims to arrange $12 billion into Vietnamese market

At the Sustainable Development conference on November 16, Lam Thuy Nga from HSBC Vietnam spoke to VIR's Bich Ngoc about the bank's ambitions.
HSBC holds event on Vietnam business outlook

HSBC holds event on Vietnam business outlook

HSBC's annual market outlook workshop "Vietnam: The Road Ahead" was held on October 10.
Green investment requires collective efforts from all

Green investment requires collective efforts from all

Amanda Murphy, head of Commercial Banking for South and Southeast Asia at HSBC Asia-Pacific, discussed with VIR
Thien Long partners with HSBC on digitalisiation

Thien Long partners with HSBC on digitalisiation

TLG is cooperating with its long-term banking partner HSBC to accelerate the pace of its digitalisation journey.
HSBC faces shareholder vote on splitting bank

HSBC faces shareholder vote on splitting bank

Bank giant HSBC faces a vote by shareholders on Friday over a proposal by its largest stakeholder, Chinese insurer Ping An, to split the business to seek better returns.
HSBC's largest shareholder outlines bank break-up strategy

HSBC's largest shareholder outlines bank break-up strategy

HSBC's largest shareholder ramped up pressure on the bank to break up its business on Tuesday, saying it was underperforming and has failed to "address key business model challenges".
JETPs to power up a more efficient energy transition

JETPs to power up a more efficient energy transition

Just Energy Transition Partnerships are powerful tools for decarbonisation. They are becoming more popular because they bring key stakeholders together to enable a clean, fair energy transition in emerging economies that rely heavily on coal.
Key trends to watch out for in the Year of the Cat

Key trends to watch out for in the Year of the Cat

Geopolitical shocks and sustained inflation are expected to persist in 2023, but Asia is likely to be a bright spot amidst intensifying headwinds.
China’s re-opening to impact Vietnam

China’s re-opening to impact Vietnam

China’s re-opening will boost Vietnam’s economy in tourism, exports and foreign direct investment (FDI).
Vietnam's economy remains a leading performer in Asia

Vietnam's economy remains a leading performer in Asia

According to HSBC Research, 2022 was a year of booming recovery for Vietnam, making the country one of the best performers in Asia.
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