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HSBC was also approved to exit its Armenia holdings by the central bank in a sale to Ardshinbank on 27 August. [124] In January 2025, HSBC announced the closure of some of its investment banking units in Europe, UK and US as part of the ongoing restructuring effort by its CEO Georges Elhedery. [125]
HSBC and Standard Chartered could restart their dividends as soon as early next year after their chief financial regulator in the United Kingdom said it felt comfortable with the country's biggest ...
The lender pledged to restore dividends to pre-COVID levels as it rejected calls from its biggest shareholder Ping An to split its western and Asian operations. FTSE 100: HSBC vows to restore ...
HSBC , the biggest of the city's three currency-issuing banks, said it would restore its interim dividend to shareholders as it reported better-than-expected second-quarter profit on releases of ...
HSBC UK Bank plc is a British multinational banking and financial services organisation based in Birmingham, England. It is a wholly owned subsidiary of the global HSBC banking and financial group, which has been headquartered in London since 1993.
HSBC will be the first of the city's three currency-issuing banks to update investors on its half-year performance on Monday, followed by Standard Chartered on Tuesday and Bank of China (Hong Kong ...
It aims to represent at least 98% of the full capital value of all UK companies that qualify as eligible for inclusion. [3] The index base date is 10 April 1962 with a base level of 100. [4] The index consists of 11 ICB sectors, five of which had a market capitalisation exceeding £250 billion as of 31 December 2024.