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Category HSBC

StanChart shares rise as banker sees positive news in terrorism financing litigation

StanChart shares rise as banker sees positive news in terrorism financing litigation

Standard Chartered shares rose 3.38% on Friday to around $1,404 and recorded a 7.70% rise in its share price in the past five days. The bank’s stoc...
HSBC falls short on pre-tax profits

HSBC falls short on pre-tax profits

HSBC Holdings reported a 26% and 29% slip in its first-half and YoY pretax profits, respectively, as bad debts in China continued to pile up.
HSBC Warns of Bubble Risks as De-Dollarization Fuels Anti-Dollar Sentiment

HSBC Warns of Bubble Risks as De-Dollarization Fuels Anti-Dollar Sentiment

HSBC bubble risks have actually catalyzed numerous significant concerns across various major financial sectors right now, and the…
Citigroup enhances FX risk management using AI

Citigroup enhances FX risk management using AI

Citigroup has partnered with Singapore-based fintech firm Ant International to launch a pilot program that aims to enhance FX risk management using...
HSBC Bank Pilots e-HKD+ Stablecoin Across Various Blockchains – Chinese CBDC Coming?

HSBC Bank Pilots e-HKD+ Stablecoin Across Various Blockchains – Chinese CBDC Coming?

HSBC, the largest bank in Hong Kong, has successfully completed a series of blockchain experiments under the Hong Kong Monetary Authority’s (HKMA) ...