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’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.
The Asia-focused lender and its peers were buoyed by rising interest rates earlier this year.
With HSBC’s association with the album publication, this event aims to preserve the cultural heritage of Bangladesh and encourage artistic expression.
Says HSBC’s chief economist for Asia
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.
HSBC says in its global research
The summit sees 130 participants from different stakeholders
FBCCI president says at event on Bangladesh-UK trade
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).
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.
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).
The oil price falls below $28 a barrel amid fears the lifting of Western sanctions on Iran could worsen the existing oversupply problem.
World economic growth lost momentum in September, with China's factory output shrinking again, euro zone manufacturing growth slowing, and US activity steady.
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.
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.
Two UK banks have started internal reviews into whether they were used for corrupt payments by Fifa officials.
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
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