HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand ...

The bank should see good profitability, strong capitalization, and adequate liquidity, however. HSBC Hong Kong should see ...

reported Reuters In October this year, HSBC Hong Kong became a direct participant in China's international payments system, thereby enhancing its position in trade finance as China seeks to ...

A veteran HSBC banker has been appointed to head the University of Hong Kong’s (HKU) governing council, after the city’s ...

HSBC is retreating from its struggling credit card business in China, ceasing new card issuance and planning to wind down ...

which includes Hong Kong and Taiwan, is the group's biggest income generator but China is the only market globally where HSBC's wealth and personal banking business is not profitable yet.

HONG KONG – HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world’s second ...