HSBC Holdings

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 comment came as Ken Lui, an individual HSBC shareholder and leader of a Hong Kong-based investor group, called for the break up of the bank

The London-listed lender's "ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for £1," HSBC said in a statement Monday.

It also plans to launch an onshore private banking service in the South Asian country this year

The board of the Mumbai-based firm asked managing directors Ganashyam S. and Arpita Vinay to leave due to a "loss of confidence,"

The survey also showed concerns were broader than supply chains, with 51% of respondents saying their expect the environment for international trade to be harder next year

Credit Suisse Group AG's Christopher Chua is leaving the bank to help oversee the Asia mergers and acquisitions business at HSBC Holdings Plc

A potential sale of HSBC's 100% equity stake in HSBC Bank Canada is among the options being explored, the lender said in a statement.

The expansion comes as India's dealmaking is bucking a global downturn driven by concerns over heightened inflation and a potential recession

Hong Kong housing is at risk of becoming the least affordable in 24 years, as rate hikes by the US Federal Reserve drive up borrowing costs in the Asian financial hub

The financial hub is expected to top the list in Asia-Pacific followed by Australia, Hong Kong and Taiwan, the bank wrote in a report Tuesday

Asia's export boom is showing signs of slipping into a deeper than expected downturn, HSBC Holdings Plc. and Nomura Holdings Inc. both warned in research notes

HSBC reports annual pre-tax profit more than doubled as the bank reversed hefty credit charges booked previously, saying it now expects to meet a key profitability goal a year ahead of schedule.

Encouraged by an economic rebound in Hong Kong and Britain, HSBC reinstated dividend payments, flagged higher payouts in future, and released $700 mn that was set aside as provisions

Developing-nation equities are headed for their worst month since the March 2020 rout

Europe's largest lender plans to appoint Wong's protege, David Liao, and the chief executive of its Indian business, Surendra Rosha, as joint heads of its Asian arm this year

The move is part of a larger plan by HSBC to invest more in Asia, where it's focused on banking the region's wealthy

He's the latest financial employee to weigh in on the work-till-you-drop culture during a pandemic that's obliterated the lines between office and home

Planned for this week, the $6 billion sale will be arranged by 13 banks, including four Chinese lenders and foreign banks such as Bank of America Corp., Citigroup Inc. and Standard Chartered Plc

The Asia-focused lender reported first-half profit that missed estimates after they more than halved to $5.6 billion because of higher loan losses