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Business 20 Apr 2016 | 2:56 AM

HSBC in charm offensive to woo China sceptics

HONG KONG/LONDON: Battling against sceptical Western investors, HSBC, is on a mission to explain why its push into a slowing China is good for the global bank’s future growth.

Insurance 25 Mar 2019 | 12:00 AM

HSBC Insurance completes stake sale

PETALING JAYA: HSBC Insurance (Asia-Pacific) Holdings Ltd, an indirect wholly-owned subsidiary of HSBC Holdings plc (“HSBC”), has completed the sale of its 49% stake in HSBC Amanah Takaful (Malaysia) Berhad (HATB) to FWD Life Insurance Company (Bermuda) Ltd.

Business 03 Jun 2015 | 6:53 AM

Too big to succeed? Investors want 'radical surgery' at HSBC

ONDON: No longer feared as "too big to fail", shareholders are weighing whether HSBC is now "too big to succeed", and want to know next week how the bank's bosses propose to increase profitability at a sprawling group beset by huge costs.

Business 11 Jun 2019 | 4:04 AM

HSBC Malaysia launches ESG Islamic structured product

KUALA LUMPUR: HSBC in Malaysia launched its first environmental, social and governance (ESG) Islamic structured product in the country.

Property 16 Jun 2017 | 12:00 AM

HSBC to build RM1bil headquarters in TRX

KUALA LUMPUR: HSBC is investing US$250mil (RM1.06bil) to build its future headquarter office in the Tun Razak Exchange (TRX) under its commitment to develop Malaysia as a financial hub in Asean

Business 21 Dec 2018 | 12:00 AM

HSBC Insurance to dispose of 49% of takaful business

KUALA LUMPUR: HSBC Insurance (Asia Pacific) Holdings Ltd, an indirect wholly-owned subsidiary of HSBC Holdings Plc (HSBC), will be disposing of 49% of its shares in HSBC Amanah Takaful (Malaysia) Bhd to FWD Life Insurance Company (Bermuda) Ltd.

Banking 01 Aug 2017 | 12:00 AM

HSBC reports 5% higher profit for first six months

HONG KONG: HSBC Holdings PLC said profit grew 5% in the six months through June and announced its third share buyback in a year, indicating continued progress in the six-year turnaround plan of Europe’s biggest bank

Business 22 Feb 2016 | 11:01 PM

HSBC hit by U.S. "princelings" probe and below-forecast profit

HONG KONG/LONDON: HSBC revealed it faces another potentially damaging U.S. investigation, this time over hiring people linked to government officials in Asia, which combined with below-forecast earnings hit its shares on Monday.

Banking 26 Jan 2016 | 12:00 AM

HSBC tax bill unlikely to be slashed by HK move

LONDON: HSBC’s possible relocation to Hong Kong is unlikely to save the British bank much tax - one of its reasons for maybe moving abroad - and could actually increase its bill, a Reuters analysis of the company’s filings shows

Business 09 Feb 2015 | 8:50 AM

HSBC admits Swiss bank failings over client taxes

LONDON: British bank HSBC Holdings Plc admitted on Sunday failings by its Swiss subsidiary, in response to media reports it helped wealthy customers dodge taxes and conceal millions of dollars of assets.