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HSBC shifts South Africa customers to FirstRand and Absa
HSBC to Exit South African Market With Sale of Unit to FirstRand
HSBC Holdings Plc agreed to sell its South African corporate branch unit to FirstRand Ltd. as part of its ongoing strategy to dispose of non-core assets.
HSBC shifts South Africa customers to FirstRand and Absa, as it exits the country
HSBC has reached an agreement to transfer its business in South Africa to local lender FirstRand Bank Ltd, the British bank said on Thursday, as it exits from the country entirely amid a wider pivot towards Asia.
HSBC winds down in SA, transfers ops to FirstRand, Absa
HSBC is winding down its operations in South Africa, with FirstRand Bank set to take over its branch businesses, while its securities and equities operations will be transferred to Absa. The British finance institution has serviced South Africa for nearly 30 years.
MarketWatch
15h
HSBC Holdings rises Friday, still underperforms market
HSBC
Holdings PLC (UK Reg) HSBA shares inched up 0.16% to £6.81 Friday, on what proved to be an all-around favorable ...
2d
HSBC says governments' climate plans need to provide sector details
Governments reporting their plans and progress in bringing down national levels of planet-warming carbon emissions need to ...
2d
HSBC Changes ECB Call, Sees Cut Every Meeting Starting October
The European Central Bank will start cutting interest rates at every meeting between October and April, according to ...
2d
on MSN
ECB will cut rates more quickly than previously expected, HSBC says
The European Central Bank will likely make a series of consecutive 25 basis point cuts at each of its upcoming meetings ...
portfolio-adviser.com
2d
HSBC appoints Pierin Menzli as global CIO of equity
HSBC Asset Management has appointed Pierin Menzli as global CIO of equity, moving from his current role of CIO for thematic ...
15h
Sponsored by HSBC, M+ hosts the first East Asia exhibition of Guo Pei’s haute couture work
As the Lead Sponsor of an M+ Special Exhibition, the bank aims to strengthen everyone’s connection to art, fashion and design ...
3d
on MSN
Exclusive-RBC bankers fear layoffs as pledge to keep HSBC staff nears end, sources say
Some Royal Bank of Canada employees who joined as part of an HSBC Canada acquisition are worried about losing their jobs when ...
1d
HSBC Holdings rises Thursday, outperforms market
HSBA rallied 2.10% to £6.80 Thursday, on what proved to be an all-around favorable trading session for the stock market, with ...
Inside Housing
16h
New Homes Ombudsman recruits HSBC director into top job
The New Homes Ombudsman has appointed a senior director from HSBC into the top job. Nigel Cates will lead the watchdog, which ...
3d
HSBC Says Clients Can Derisk Supply Chains With CO2 Cuts
Companies can mitigate risks and cut costs by reducing greenhouse gas emissions in their supply chains, according to HSBC ...
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