The Bank of Canada cut its benchmark interest rate by 25 basis points to 2.25% on Wednesday, bringing rates down for the second consecutive meeting amid mounting economic headwinds. Governor Tiff ...

Since the launch of ChatGPT in 2022, Nvidia's shares have climbed 12-fold as the AI frenzy propelled the S&P 500 to record ...

NEW YORK (Reuters) -HSBC has expanded its innovation banking business to Singapore, pledging to allocate $1.5 billion in the ...

HSBC reported falling quarterly profits Tuesday, with the banking giant's bottom line weighed down by legal provisions related to the late Bernard Madoff's huge investment fraud.

In an unusual show of confidence, Gov. Gavin Newsom said he raised enough cash more than a week before the California ...

HSBC Holdings boosted its income outlook and vowed to shift into growth mode with its takeover of Hang Seng Bank in Hong Kong, despite a hefty drop in third-quarter profit due to $1.4 billion in legal ...

The lender reported pre-tax profits of 7.3 billion US dollars (£5.5 billion) for the third quarter, down from 8.5 billion US ...

LONDON (AP) — LONDON (AP) — HSBC Holdings PLC (HSBC) on Tuesday reported net income of $4.87 billion in its third quarter. The London-based bank said it had earnings of $1.40 per share. Earnings, ...

HSBC was forced to make a provision for potential losses after partly losing a court case last week brought by one of the ...

HSBC Holdings Plc said it’s reviewing its exposure to smaller banks and hedge funds that have large private credit businesses ...

Dow Jones Top Company Headlines at 3 AM ET: Chinese Auto Giant BYD Posts Fivefold Sales Surge in Europe | HSBC ... BYD logged a nearly fivefold surge in European sales last month, a sign of how ...

HSBC reported a 14 percent drop in third-quarter pre-tax profit on Tuesday, with the banking giant's bottom line weighed down ...