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HISTORICAL FACTS: Hsbc holdings plc - The Untold Story

HSBC names first female CFO—Pam Kaur gets top finance job as her predecessor ascends to CEO

Kaur's appointment coincides with a reorganization of the bank.

Fortune · Oct 23, 2024

Why is China the World Leader on Electric Vehicles?

China has become the world’s largest market for electronic vehicles (EVs) . Last year, EVs accounted for 25% of all passenger cars sold in China, well ahead of the 14% sold in the U.S. and 13% sold in Europe. The pace of China’s EV sales is expected to accelerate as...

Barchart · Jul 20, 2023

MBC is Working on IPO in Saudi Arabia

Saudi MBC Group, the most prominent Arab broadcaster, is working with HSBC Holdings Plc and JPMorgan Chase on an initial public offering (IPO) in Saudi Arabia. MBC Media Group recently inaugurated its headquarters in Riyadh in the presence of Saudi Minister of Information Majid al-Qasabi, and several ministers, officials, media…

Asharq Al-Awsat · Nov 4, 2022

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HSBC not liable for al-Qaeda suicide attack at CIA base -US appeals court

A divided U.S. appeals court on Tuesday said HSBC Holdings Plc was not liable to the families of two American contractors killed in an al-Qaeda suicide bombing of a CIA base in Afghanistan, after the bank allegedly evaded U.S. sanctions targeting sponsors of terrorism.

Reuters · Sep 6, 2022

HSBC executive in climate row quits, attacks corporate ‘cancel culture’

The HSBC Holdings Plc executive at the centre of a row over climate change risks has resigned from the bank as he issued a broadside against corporate “cancel culture.”

Bangkok Post · Jul 7, 2022

HSBC pressed to spin off Asian business

HSBC Holdings Plc has begun an internal review in the face of pressure from its largest shareholder to discuss splitting off the bank's Asian operations.

Bangkok Post · May 13, 2022

HSBC Kick Starts Its $1B Planned Share Buyback: Reuters

HSBC Holdings plc (NYSE:HSBC) has launched its planned $1 billion share buyback Wednesday as it seeks to redeploy excess capital and reward shareholders. The bank has appointed Merrill Lynch International to conduct the process, which could see as many as 2 billion HSBC common shares canceled in a move that should boost average…

Benzinga · May 4, 2022

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U.S. lawmakers demand HSBC explain actions against Hong Kong activists, Americans

Influential U.S. lawmakers have demanded that one of the world's biggest banks, HSBC Holdings Plc, explain its actions in freezing accounts of Hong Kong pro-democracy activists, moves that could leave it liable to severe sanctions under U.S. law.

Reuters · Mar 3, 2022

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