HSBC Holdings’ wholly-owned subsidiary, HSBC Overseas Holdings (UK) Limited, entered into an agreement to sell its banking business in Canada (HSBC Canada) to Royal Bank of Canada (RBC) for a base cash consideration of C$13.5 billion ($10.1 billion). read more

NOV 29, 2022 - 7:16 am

HSBC Global Commercial Banking appointed Martin Richards global head of sustainable finance and client infrastructure for commercial banking. In this role, he will focus on delivering sustainable finance solutions that support the full ecosystem surrounding HSBC’s clients’ transition ambitions. read more

SEP 22, 2021 - 6:28 am

HSBC introduced a new green deposit program in the United States, giving businesses an option to put cash reserves to work to support decarbonization and a more sustainable future. read more

MAY 7, 2021 - 6:21 am

According to Reuters, HSBC and RBS plan to launch new app-based, digital banking platforms in the coming months. read more

NOV 11, 2019 - 6:35 am

According to Reuters, HSBC plans to cut up to 10,000 jobs or 4% of its workforce in an effort to reduce costs. read more

OCT 7, 2019 - 6:35 am

HSBC has appointed Michael Roberts to succeed Patrick Burke as president and CEO of HSBC USA. read more

JUL 10, 2019 - 6:55 am

HSBC and ING Bank successfully executed a live trade finance transaction for international food and agriculture conglomerate Cargill using R3’s Corda scalable blockchain platform. read more

MAY 17, 2018 - 8:35 am

Reuters reported that HSBC Holdings and UBS Group have each agreed to pay $14 million to settle private U.S. litigation accusing them of rigging an interest rate bench mark. read more

JUL 14, 2017 - 6:45 am

Element Fleet Management closed the issuance of $1.2 billion rated term notes through Chesapeake Funding II. read more

MAY 31, 2017 - 7:51 am

AerCap Holdings completed the closing of a new $0.7 billion secured credit facility. read more

JUL 25, 2016 - 6:39 am

The Wall Street Journal reported that 20 of the world’s biggest banks have lost 25% of their aggregate market value — approximately $465 billion — according to data from FactSet. read more

JUL 11, 2016 - 6:50 am

Hapaq-Lloyd and a banking syndicate, led by Credit Agricole, DNB, HSBC and UniCredit, signed a $372 million facility agreement to finance five new vessels. read more

OCT 2, 2015 - 8:07 am

Milbank, Tweed, Hadley & McCloy advised Atlantis Finance as borrower in a financing for the purchase of vessel that will operate in the Gulf of Mexico. HSBC was said to be the lead arranger and agent for the deal. read more

SEP 4, 2015 - 6:47 am

HSBC has issued a report that says there are 162,000 middle market firms that contribute an incredible $11.5 trillion of economic value to national economies. read more

JUL 21, 2015 - 7:05 am