HSBC

HSBC reports $8.5 billion pre-tax profit in third quarter

The rise in pre-tax profit to $8.5 billion reflected a strong performance in its wealth management division as well as higher revenues in global banking and markets, HSBC said in an earnings release.

Bangladesh economy to grow 7.1% in FY26: HSBC

Bangladesh’s economy is expected to clock a 7.1 percent growth in fiscal year 2025-26, driven by exports and remittances, according to an HSBC Global Research report.

HSBC records $21.6 billion pre-tax profit in first half 2024

The Asia-focused lender and its peers were buoyed by rising interest rates earlier this year.

HSBC to unveil Hashem Khan's artwork album on Saturday

With HSBC’s association with the album publication, this event aims to preserve the cultural heritage of Bangladesh and encourage artistic expression.

Third edition of HSBC Business Excellence Awards launched

HSBC has launched the third edition of "HSBC Business Excellence Awards" to honour business entities and entrepreneurs for their contribution in sustainable economic growth of Bangladesh.

BGMEA holds Bangladesh Apparel Summit in Australia

The summit sees 130 participants from different stakeholders

'Time to diversify export basket to UK'

FBCCI president says at event on Bangladesh-UK trade

February 27, 2023
February 27, 2023

Scholastica, RAJUK Uttara Model College, and Shaheed Police Smirty College win HSBC-Mayor’s Cup School Badminton

Scholastica, Rajuk Uttara Model College, and Shaheed Police Smirty College emerged as the winners of the win HSBC-Mayor’s Cup School Badminton Tournament sponsored by HSBC in partnership with Dhaka North City Corporation (DNCC) and Bangladesh Badminton Federation (BBF).

May 1, 2022
May 1, 2022

HSBC’s top shareholder calls for its break-up

HSBC Holdings’s largest shareholder, Chinese insurance giant Ping An, has called for a break-up of the London-based bank, a source familiar with the matter said on Friday.

December 2, 2019
December 2, 2019

HSBC arranging $1.3 billion for chemical industries

The Hongkong and Shanghai Banking Corporation Limited (HSBC) has arranged USD1.3 billion financing for Bangladesh Chemical Industries Corporation (BCIC) to set up its Ghorasal Polash Urea Fertilizer Project (GPUFP).

January 18, 2016
January 18, 2016

Oil price falls below $28 a barrel as Iran sanctions lifted

The oil price falls below $28 a barrel amid fears the lifting of Western sanctions on Iran could worsen the existing oversupply problem.

October 1, 2015
October 1, 2015

Global economy loses steam as Chinese, European factories falter

World economic growth lost momentum in September, with China's factory output shrinking again, euro zone manufacturing growth slowing, and US activity steady.

July 7, 2015
July 7, 2015

HSBC fires staff for mock IS execution video

British bank HSBC fires six staff after they filmed a mock Islamic State-style execution video during a team-building day out and posted footage online.

June 9, 2015
June 9, 2015

HSBC to cut 20,000 jobs globally

HSBC, Europe's biggest bank, is planning to cut 20,000 jobs around the world as it tries to reduce costs and simplify its business.

May 31, 2015
May 31, 2015

Barclays and Standard Chartered launch Fifa investigation

Two UK banks have started internal reviews into whether they were used for corrupt payments by Fifa officials.

March 24, 2015
March 24, 2015

Most Asia stocks fall on weak China, Japan factory data

Asia's two largest economies, China and Japan witness factory activity expand at a slower pace in March, suggesting that their recovery may be losing momentum

March 21, 2015
March 21, 2015

Dollar drop is worst since 2011 as investors rethink Fed policy

The dollar slumps the most since October 2011 after the Federal Reserve reduced projections for interest- rate increases and expressed concern the dollar's surge is weighing on exports and inflation