HSBC

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From fairways to courts: Is pickleball the new golf?

More companies and entrepreneurs are turning to the racquet sport for client engagement and networking

HSBC booked US$1.3 billion in expected credit losses for the period.

HSBC misses profit estimates on fraud-related credit loss, Iran war risks

Its shares declined as much as 4.25% in early afternoon Hong Kong trading

While HSBC’s salaries and bonuses lag behind its Wall Street rivals, it’s dangled generous benefits, including club memberships and cheap mortgages, to attract recruits.

HSBC reviews HK$300,000-per-kid school fee perk for Hong Kong bankers to cut costs

International school fees are a major expense for families in the city and costs have been increasing after the pandemic

HSBC’s share price has doubled in Hong Kong since Georges Elhedery took over in September 2024.

HSBC is said to shortlist Allianz, Sumitomo for Singapore insurer

The bank starts a review of the insurance business in January

HSBC has said that it’s carrying out targeted strategic reviews of its retail businesses across Australia, Indonesia and Egypt, but no decisions have been made.

OCBC is said to emerge as lead bidder for HSBC Indonesia assets

The Singaporean bank has a presence in Indonesia with its Jakarta-listed subsidiary Bank OCBC NISP Tbk

Granting the first licences to two traditional banks reflects Hong Kong’s push to become a global virtual asset centre.

Hong Kong grants first stablecoin licences to StanChart joint venture and HSBC

Both are forecast to launch in H2 2026 to cover cross-border and local use cases, and digital asset trading

Neil Falconer, head of innovation banking, HSBC Singapore.
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Building for scale in South-east Asia’s new economy

Expanding a high-growth company globally involves hurdles like international payroll, FX risk, and treasury. Neil Falconer from HSBC has the three key pillars needed.

Georges Elhedery has carried out a radical restructuring of the lender since taking the helm in 2024.

HSBC mulls deep job cuts from multi-year AI-fuelled overhaul

The changes could ultimately affect around 20,000 roles, or about 10 per cent of its total workforce: source

HSBC has a £1 billion AT1 bond that has its first call date in September.

AT1 bond market reopens with HSBC raising US$2.5 billion

The firm is the largest issuer of AT1s globally with more than US$23 billion of the deeply subordinated bonds outstanding

Hong Kong requires any issuers of Hong Kong dollar-backed stablecoins to be licensed by the HKMA.

HSBC, Standard Chartered to get stablecoin licenses in Hong Kong

The city has been pushing ahead with ambitions to become a crypto hub through a series of regulatory measures first announced in 2022