HSBC Holdings Plc is pulling back from its credit card business in China, Reuters reported, citing unidentified sources.

HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand ...

China is a relatively small market for HSBC’s credit card business. The gross carrying amount in this segment was just US$287 ...

HSBC has stopped issuing new cards and is working towards winding down the service offered to a large part of China onshore ...

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More than a quarter of all U.S. residents use co-branded credit cards to get discounts and other extras from brands they use ...

HSBC has stopped issuing new cards and is working towards winding down the service offered to a large part of China onshore ...