Latest HSBC Holdings PLC News

Indigenous leaders travel to UK from Peru to draw attention to oil damage and banking

Nov. 22, 2024 09:11 AM EST

LONDON (AP) — Indigenous leaders from the Wampis Nation in Peru are urging lawmakers at the House of Commons in London to ban international banks' support for Amazon oil activities they say harm their ancestral rainforests. HSBC bank, based in the United Kingdom, JPMorgan Chase in...

A Singapore oil magnate faces prison in a major fraud case over financing trade

Nov. 18, 2024 08:01 AM EST

KUALA LUMPUR, Malaysia (AP) — A Singapore oil magnate was sentenced Monday to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state's reputation as Asia’s leading oil trading hub. Lim Oon Kuin, 82, was convicted in May on two...

HSBC: Q3 Earnings Snapshot

Oct. 29, 2024 06:28 AM EDT

LONDON (AP) — LONDON (AP) — HSBC Holdings PLC (HSBC) on Tuesday reported net income of $6.13 billion in its third quarter. The London-based bank said it had earnings of $1.70 per share. The bank posted revenue of $36.62 billion in the period. Its revenue net of...