HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus to Asia and Middle East markets.

HSBC Holdings plc (NYSE:HSBC) is closing its business banking unit in the United States to simplify its operations and shift its focus to the Asia and Middle East markets, according to a report by The ...

HSBC will inject US$4bn into its private credit funds to accelerate growth in the fast-expanding US$2tn global private credit ...

HSBC Global Private Banking has shifted its investment stance to overweight on US equities, attributing the move to the ...

HSBC’s private banking arm has gone overweight US stocks and neutral on those in Europe, flipping its view from earlier this ...

This eastward shift follows an established pattern that began in 2021 when HSBC sold significant portions of its US retail banking ... examines recent figures and market trends.

(Reuters) -HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus ... some clients in our Mid-Market and Global Network ...