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HSBC Holdings plc, the world's second largest bank, posted 2004 profit towards the low end of forecasts yesterday, but was upbeat on prospects for its US business as it rejected big deals there and in South Korea.
HSBC Holdings Plc's first-half profits rose by more than half, smashing market expectations and boosting its shares, as the global bank benefited from last year's purchase of US lender Household.
Jaguar sponsor HSBC said on Friday they was unhappy with the Formula One team's performance and the deal had probably served its purpose in building the global bank's brand.
HSBC Malaysia is keeping a sharp eye on the investment banking scene, especially for any potential early opening up of the sector to foreign banks, says Zarir J. Cama, deputy chairman and chief executive officer of HSBC Malaysia.
CITIBANK Bhd sees Malaysia as having a very good general operating environment for banks, said chief executive officer Piyush Gupta.