Keywords: HSBC


HSBC launches $1 billion share buyback after strong first-half profit growth

HSBC has announced a share buyback programme of up to $1 billion after reporting a sharp increase in first-half earnings, underscoring the British banking group's confidence in its financial position and long-term strategy. The repurchase programme is expected to be completed before the publication......

Emirates NBD to acquire HSBC Egypt’s retail banking business in strategic expansion

Emirates NBD has signed a definitive agreement to acquire the retail banking business of HSBC Egypt, strengthening its position in one of the Middle East and North Africa region's largest banking markets. The transaction will be carried out through Emirates NBD Egypt, the Dubai-based banking group's......

HSBC strengthens its artificial intelligence strategy with a new global hub

HSBC Holdings is expanding its investment in artificial intelligence as the banking group prepares to establish a new global AI hub in Singapore and recruit more than 100 specialists to support its technology ambitions. The initiative reflects the growing role of artificial intelligence in the financial......

HSBC upgrades Indian equities to neutral as lower oil prices improve market outlook

HSBC has upgraded its outlook on Indian equities to "Neutral" from "Underweight", citing improving macroeconomic conditions driven by lower crude oil prices and renewed foreign investor participation. The brokerage also raised its year-end 2026 target for the BSE Sensex to 84,000,......

HSBC reviews Turkey banking operations as part of global strategy to streamline business

HSBC has launched a strategic review of its retail and domestic corporate banking operations in Turkey, as the British banking group continues efforts to simplify its global structure and focus on markets where it sees stronger growth potential. The lender said on Tuesday that it is evaluating all options......

Citi expands bullion business with London gold clearing approval

Citi has secured a pivotal role in the global precious metals market after becoming the fifth institution authorized to clear transactions in London's over-the-counter gold market, strengthening its position in one of the world's most influential bullion trading hubs. The approval gives the......

HSBC warns stronger US dollar could trigger major global market shock

HSBC has warned that a sustained appreciation of the US dollar could become one of the most significant risks facing global financial markets during the second half of the year, potentially triggering sharp declines in higher-risk assets and reshaping investor strategies worldwide. In a recent research......

Standard chartered appoints new Europe and UK CEO in strategic push to expand regional growth

Standard Chartered has appointed Margaret Harwood-Jones as Chief Executive Officer for Europe and the United Kingdom, introducing a newly created leadership role aimed at accelerating the bank’s expansion across two of its key strategic markets. The announcement, made on Tuesday, reflects the......

Banks accelerate AI driven layoffs as 63,000 jobs cut

A wave of restructuring across global banking institutions has intensified job cuts linked to artificial intelligence, with 63,000 positions eliminated in 2026. Financial groups are increasingly integrating AI efficiency targets into workforce planning, moving beyond pilot programs and experimental use......