Megabank HSBC has been as much a part of Hong Kong history as Victoria Harbor, high tea at the Peninsula Hotel and martial-arts movies. Founded in 1865 as the Hongkong and Shanghai Banking Corporation ...

Multinational bank, HSBC Holdings, has launched a blockchain-based settlement service in Hong Kong. The product which tokenizes deposits is the first of its kind by a regulated financial institution ...

HSBC was fined $537,683 by regulators in Hong Kong for disclosure lapses after an investigation by Hong Kong regulators. Based on a joint investigation from the Securities and Futures Commission (SFC) ...

HONG KONG (Reuters) -HSBC has been fined HK$4.2 million ($537,683) by Hong Kong regulators over disclosure failures, the regulators said on Tuesday. The bank failed to properly disclose investment ...

HSBC and ICBC reportedly plan to apply for Hong Kong stablecoin licenses, with ICBC and Standard Chartered expected to secure first-round approvals. HSBC and the world’s largest bank by total assets, ...

Hang Seng, in which HSBC has a near 64% stake, said in a separate statement that Lim would be taking over the role from Diana Cesar. Cesar is returning to HSBC as vice chairman of the banking major's ...

Financial powerhouse HSBC (HSBA) is tokenizing gold for everyday investors in Hong Kong and claiming bragging rights as the first bank to create a blockchain-based real-world asset aimed at the retail ...

In 2023, HSBC further solidified its position as Hong Kong’s best bank under the leadership of Luanne Lim, HSBC Hong Kong’s chief executive. HSBC Group’s market profit before tax soared to $10.7 ...

HSBC Holdings Plc has taken the unusual step of getting directly involved in pushing its Hong Kong subsidiary, Hang Seng Bank Ltd., to offload portfolios of bad real estate debt, underscoring the ...

HONG KONG, Sept 22 (Reuters) - Hong Kong on Thursday raised its base rate by 75 basis points (bps) to 3.5%, prompting the largest commercial banks operating in the territory, including HSBC , to ...