HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. HSBC Holdings was founded in 1865 and is headquartered in London, the United Kingdom.
HSBC Holdings plc (NYSE:HSBC) is winding down its transaction services business in Germany, with more than 300 positions at HSBC Transaction Services GmbH and HSBC Service Company Germany GmbH expected to be phased out by 2028. The division provides securities processing, administration and custody services. HSBC said the move is part of its broader strategy […]
HSBC raised its year-end 2026 target for the S&P 500 to 8,100 from 7,650, citing corporate earnings that have exceeded its previous expectations. Strategist Nicole Inui said the revision was driven mainly by earnings.
Investing.com -- UK Prime Minister Andy Burnham is facing pressure to define his government’s economic strategy ahead of the Oct. 28 budget, with Labour officials questioning how his administration will tackle weaker growth, strained public finances and higher inflation, Bloomberg reported on Saturday.
HSBC's Germany wind-down targets 320 positions by 2028 as the bank simplifies operations and redirects resources toward higher-growth businesses.
HSBC's finance chief to step down in 2027, Polymarket names a former Amazon exec as its first CFO and CME Group promotes its accounting chief to CFO.
HSBC raised its 2026 Brent forecast to $90 a barrel, saying the oil market won't rebalance until mid-2027 as the Hormuz crisis drags on.
The first woman to serve as finance chief at Britain’s largest bank will leave before next year’s annual general meeting and will not stand for re-election to the lender’s board.
Investing.com -- HSBC adjusted ratings and target prices across its biopharma coverage, citing "a lower sector additional risk premium" following a rally in the second quarter of 2026.
Analysts at HSBC, including Senior Global Oil and Gas Analyst Kim Fustier, revealed that they had raised their 2026 oil price forecast by $10 per barrel and their 2027 oil price forecast by $20 per barrel.