HSBC, a British banking organization with little-to-no positive words and approach to the cryptocurrency industry until recently, will collaborate with The Sandbox to foray into the metaverse. The ann...
Tag: HSBC
HSBC Will Temporarily Shut Down Its Hong Kong Branches
Hong Kong has been suffering from a severe rise in covid-19 infections since 2020. Over 2,000 test results were positive on 22 February. The rapid pace of confirmed cases has caused many banks that op...
HSBC announced growth in profit after tax from $8.6 billion to $14.7 billion. What holds for the stock?
HSBC Holdings PLC (LON:HSBA) received a major boost on Tuesday, 22 February, upon reporting the annual results for the year ended 31 December 2021. The company reported $14.7 billion in profit after t...
HSBC Sees 115% Jump in 2021 Profits, Sides $1B for Share Buyback
HSBC Holdings Plc has reported $18.9 billion in pre-tax profits for 2021, which is up from the previous year’s $8.8 billion, as the lending business is strengthening with the recovering economies from...
HSBC share price bullish momentum accelerates. Is it a buy?
The HSBC (LON: HSBA) share price is holding steady near its highest level since February 2020 as investors cheer the company’s turnaround. The stock is trading at 558p, which is about 98% above the lo...
HSBC to Sell 39% Stake of Its China Brokerage Joint Venture Partner
On January 5, HSBC Holdings plc, a UK multinational investment bank, announced plans to sell a majority of its stake in a China securities brokerage joint venture company. An exchange filing showed an...