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

One bank analyst said HSBC risked damaging staff morale by forcing ... without specifying how many. Michael Roberts, HSBC’s ...

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

HSBC has stopped processing all payments from Russia or Belarus for personal banking customers, the bank said on Friday, ...

The decision follows HSBC's completion of the sale of its Russian unit in May, after announcing it in June 2022.

A a class action alleging that HSBC Bank USA NA didn’t properly pay interest on electronic transfers got a reprieve Wednesday, but it will need a closer look from the lower court.

HSBC Holdings Plc’s asset management arm is launching a new venture debt strategy, seeking to further diversify its offerings ...

Bank will start to lay off several hundred managing directors and other senior bankers in coming weeks, sources say. Read ...

The BBB gives HSBC Bank USA an A rating. The highest possible BBB rating is A+ but HSBC has an A- because several customer complaints on the website have not been resolved. In May 2023 ...

NEW YORK--(BUSINESS WIRE)--HSBC Bank USA, N.A., and its affiliates announced today that they have reduced their prime and reference rate from 8.00% to 7.75%, effective tomorrow. ends/more About ...

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