Revolut hits USD 115 billion valuation, surpassing Barclays and Societe Generale
While Barclays has a valuation of almost USD 95 billion, Revolut sits far behind industry giant HSBC, valued at nearly USD 350 billion...
Tag : HSBC
Standard Chartered may sell Bahrain wealth and retail unit, to focus on markets with ‘greater scale’
The bank said the strategic review will not affect its Corporate and Investment Banking (CIB) business, which will continue to operate in the Gulf country...
HSBC partners with Google Cloud, announces detailed AI strategy
As per the HSBC, the partnership will focus on areas such as advice for wealth management clients and financial crime risk management...
Industrial computing systems at risk from ‘time bombs’ in malicious NuGet packages
NuGet is the package manager for .NET, which includes open-source .NET libraries that can be easily added to a project by software developers...
Middle East investors bet big on Turkey
Over the past 18 months, bond yields in Turkey have increased significantly...
HSBC’s new gameplan: Investment banking retrenchment, more focus on Asia
LSEG data indicates that HSBC earned USD 107.3 million, or 7% of the total fee pool, in 2024, the highest amount of investment banking fees in the MENA region...
IF Insights: Australia’s big fight against scams
Australians lost a record USD 3.1 billion to scams in 2022, according to the Australian Competition and Consumer Commission...
Business Leader of the Week: Under Georges Elhedery, HSBC eyes shift towards growth
Georges Elhedery’s appointment as CEO comes less than two years after he was promoted to CFO in January 2023...
Start-up of the Week: Meet Pleo, Europe’s leading business spend solution
Thanks to Pleo, from mileage to meals, it’s easy to be reimbursed for costs associated with the employees' work trips...
Take more risks & put cash to work: HSBC’s advisory for millionaires
Given the anticipated volatility, HSBC also suggests considering alternatives and multi-asset strategies...