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HSBC Hong Kong News

15 Feb 2016

HSBC bank stays in London, snubbing Hong Kong

Europe's largest bank HSBC informed the financial markets Monday it would remain headquartered in Britain, rejecting a move to Hong Kong despite concerns about increased regulation in the UK.

03 Aug 2015

HSBC's H1 profits rise 10% on bumper Hong Kong results

HSBC also announced the sale of its Brazil unit to Banco Bradesco SA , the country`s second-biggest private-sector bank, for 17.6 billion reais ($5.2 billion) as HSBC seeks to cut underperforming businesses.

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