HSBC pulling back from unprofitable China credit card business Competition and regulatory restrictions hindered prospects Pullback will follow failed attempts to sell the business Nov 29 (Reuters ...
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The bank’s “standalone” credit card clients who do not use HSBC banking services in China will not be able to have cards renewed upon expiry, it reported, citing a source.
We help customers to take care of their day-to-day finances and to manage, protect and grow their wealth. Our international network and breadth of expertise enable us to support individuals ...
The Island-based branch of HSBC has been fined nearly £300,000 after being found to have breached anti-money laundering and countering the financing of terrorism rules. The breaches occurred via ...
HSBC A multinational bank with Hong Kong origins and headquarters in London, HSBC Bank has had a presence in the United States since 1980. This banking giant has branches in eight states ...
HSBC Holdings Plc’s head of loan syndications for Greater China, Anita So, is retiring after a 36-year career in banking, according to people familiar with the matter. Her last day with HSBC is ...
HSBC has cost advantages and significant intangible assets in its core market of Hong Kong that help it generate strong earnings there even when the local economy is weaker. HSBC has operations in ...