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HSBC Holdings PLC - HSBC STOCK NEWS

Welcome to our dedicated page for HSBC Holdings PLC news (Ticker: HSBC), a resource for investors and traders seeking the latest updates and insights on HSBC Holdings PLC stock.

HSBC Holdings PLC, symbol HSBC, is a British universal bank and financial services company headquartered in London, England. Established in 1865 in Hong Kong, HSBC is one of the world's largest banks, overseeing assets worth USD 3 trillion and serving 40 million customers globally. The bank operates in 64 countries with a workforce of approximately 220,000 full-time employees. HSBC's significant regions include Asia, Europe, the Middle East and North Africa, and North America, with the United Kingdom and Hong Kong being its largest markets.

HSBC offers a broad range of financial services, including retail, commercial, and institutional banking, global banking and markets, wealth management, and private banking. The bank's core mission is to connect customers to opportunities, enabling businesses to thrive and economies to prosper. HSBC’s comprehensive suite of products and services includes personal banking, loans, credit cards, mortgages, savings and investment products, as well as corporate finance, investment banking, and international trade services.

In recent years, HSBC has focused on expanding its digital banking offerings and enhancing its online platforms to provide seamless and efficient services to customers. The bank has also made significant strides in sustainability, committing to becoming a net-zero bank by 2050 and investing in sustainable finance projects.

HSBC's financial health remains robust, with substantial assets and a diversified portfolio across different regions and sectors. The bank continues to form strategic partnerships and collaborations to enhance its service offerings and reach. For continuous updates, news, and recent developments, stay connected with HSBC through their official channels.

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HSBC partners with Google Cloud to provide venture debt funding to LevelTen Energy as part of the GCR-Sustainability programme, aiming to support climate tech startups and drive global decarbonization. The partnership also includes the launch of an HSBC credit risk advisory tool on Google Cloud and the ambition to deploy $1bn of financing to early-stage climate tech companies.
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Edith Avilés has been appointed as the newest Board Member of HSBC North America Holdings Inc. and HSBC Bank USA, N.A. She brings 30 years of investment banking experience and has worked in various leadership roles at Natixis, BNP Paribas, and JP Morgan Chase. With her extensive international finance background, she is expected to add tremendous value to the Boards and support HSBC's growth in the US and globally. The appointment also reflects HSBC's commitment to diversity, with 60% women and 50% ethnically diverse individuals now serving as independent board members in the US.
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HSBC's Venture Healthcare Report: Are we out of the woods, yet? provides an overview of investment activity, valuations, and step-ups for venture-backed healthcare companies. Flat valuations are the new up as many companies struggled to grow into frothy valuations from 2021 and 2022. However, the top 10% of deals secured large funding rounds at step-ups in valuations in 2023. (HSBC, Venture Healthcare Report)
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HSBC USA (HSBC) scored 100% on the Human Rights Campaign Foundation’s 2023 Corporate Equality Index, marking the seventh consecutive year it has earned the Equality 100 Award. The company is recognized as a leader in LGBTQ+ workplace inclusion, affirming its commitment to diversity and inclusion.
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Racquel Oden appointed Head of Wealth and Personal Banking at HSBC USA
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HSBC expands venture debt offering in the U.S. to support companies from Series A through scaled multi-national enterprises.
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HSBC Bank USA raises prime and reference rate to 8.50% from 8.25%
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FAQ

What is the current stock price of HSBC Holdings PLC (HSBC)?

The current stock price of HSBC Holdings PLC (HSBC) is $45.94 as of November 22, 2024.

What is the market cap of HSBC Holdings PLC (HSBC)?

The market cap of HSBC Holdings PLC (HSBC) is approximately 165.2B.

What does HSBC stand for?

HSBC stands for The Hongkong and Shanghai Banking Corporation.

Where is HSBC headquartered?

HSBC is headquartered in London, England.

How many countries does HSBC operate in?

HSBC operates in 64 countries around the world.

What services does HSBC offer?

HSBC offers retail, commercial, and institutional banking, global banking and markets, wealth management, and private banking.

What is HSBC's asset value?

As of December 2021, HSBC's total assets are valued at USD 3 trillion.

When was HSBC established?

HSBC was established in 1865 in Hong Kong.

How many customers does HSBC serve?

HSBC serves approximately 40 million customers worldwide.

What are HSBC’s key markets?

HSBC's key markets are the United Kingdom and Hong Kong.

How many employees does HSBC have?

HSBC has around 220,000 full-time employees.

What are HSBC's sustainability goals?

HSBC aims to become a net-zero bank by 2050 and invests heavily in sustainable finance projects.

HSBC Holdings PLC

NYSE:HSBC

HSBC Rankings

HSBC Stock Data

165.22B
3.65B
1.69%
0.2%
Banks - Diversified
Financial Services
Link
United States of America
London