Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Hong-Kong-based Matos has served in several of HSBC's largest regions, including Europe and Latin America, and was among the internal candidates vying to take over as CEO of HSBC
The appointment comes as part of a sweeping overhaul by new CEO Georges Elhedery, who has made a raft of leadership changes and split the lender's geographic footprint into East and West
As passenger vehicle retail sales slowed in November, companies are anticipated to maintain high discount levels to attract buyers
HSBC has stopped issuing new cards and is working towards winding down the service offered to a large part of China onshore customers
A message sent from the bank to its personal banking customers and seen by Reuters said the lender has 'made the decision to stop processing payments' from the two countries
HSBC aims to double assets under management in its British wealth business to 100 billion pounds
India's top lender is raising the facility for general corporate purposes through its branch at the Gujarat International Finance Tec-City
Rajat Verma was appointed DBS managing director and head of institutional banking for India last year
Pam Kaur joined HSBC in April 2013 as the Group Head of Internal Audit and had been considered a top contender for the CFO role since September
The 2025 financial year has been seen as one of recovery for Indian IT companies after a slowdown in spending from US-based clients brought revenue growth down to the low single-digits in the previous
Reported $300 million in savings would be a fraction of group costs that reached $16.3 billion in the first six months this year, 5 per cent higher than in the same period a year ago
The rise in employment in the service sector was the steepest since August 2022
The HSBC study highlights that confidence is a key issue, as 62 per cent of those surveyed feel they are not well-prepared to manage important decisions
One of the leading foreign banks in Switzerland alongside peers including Deutsche Bank, Citigroup, HSBC and BNP Paribas, JPMorgan has given itself three to five years to expand its position
Only 53 per cent of wealthy parents have education savings for their kids abroad; 40 per cent expect student loans, 51 per cent hope for scholarships, and 27 per cent are willing to sell assets
Revenue per employee or RPH is an important parameter in the industry as it is considered to be a proxy for pricing trends
HSBC India Export Opportunities Fund has the flexibility to invest in companies that are part of the exports theme across market capitalization - large cap, mid cap and small cap companies
India August service PMI: The PMI climbed to 60.9 in August, fuelled by by increase in new domestic orders
HSBC aims to double the assets under management in its British wealth business to 100 billion pounds