HSBC targets 34 per cent oil and gas emissions cut by 2030
HSBC (HSBA.L) aims to cut emissions associated with loans made to its oil and gas clients by 34 per cent this decade, the bank’s sustainability chief told Reuters, marking ...
Banker behind report alleging HSBC racism resigns over lack of support
The author of a report alleging institutional racism inside HSBC (HSBA.L) has resigned, citing frustration at its response to some of his criticism and a lack of support from ...
HSBC profit more than doubles, loan-loss fears ebb as economies rebound
HSBC Holdings beat forecasts on Monday with first-half pretax profit that more than doubled from last year when it set aside $7 billion to cover pandemic-related bad loans.
Encouraged by an ...
HSBC and Asian Development Bank join forces in $300 million vaccine financing
HSBC and the Asian Development Bank (ADB) will provide a combined $300 million in financing to help Asia’s supply chains boost manufacturing capacity for COVID-19 vaccines, the two lenders said ...
A post-Brexit runaround with HSBC bank
Many people, me included, have been slamming the Cyprus banks for being slow, inefficient and bureaucratic. Based on my experience with HSBC, however, Cyprus banks are light years ahead when ...