BNP Paribas, HSBC
HSBC sells German private banking business to BNP Paribas
A deal has been agreed by HSBC Continental Europe to sell its private banking division to BNP Paribas in Germany. The possible deal is contingent upon receiving the necessary government clearances and the resolution of discussions with the German Works Council.
BNP Paribas signs deal to buy HSBC private banking unit in Germany
BNP Paribas has signed a deal to buy HSBC's private banking unit in Germany as it continues to expand its footprint in wealth management, the French lender said on Monday. The deal, which BNP said should be closed in the second quarter of 2025,
HSBC Deutschland verkauft Private-Banking-Geschäft an BNP
Die Konsolidierung im deutschen Wealth Management setzt sich fort. HSBC Deutschland will jetzt ihr Private-Banking-Geschäft an BNP Paribas verkaufen. Erst vor kurzem hatte ABN Amro die Übernahme von Hauck Aufhäuser Lampe bekanntgegeben.
BNP Paribas to buy HSBC’s German private banking arm
BNP Paribas has agreed to buy the private banking operations of HSBC in Germany as it accelerates its expansion drive in a deal that will grow its exposure to wealthy entrepreneurs in Europe’s biggest economy.
HSBC to Divest German Private Banking Business to BNP Paribas
HSBC announces an agreement to sell its Germany-based private banking business to BNPQY. This is part of its plan to focus on the Asia region.
HSBC Looking to Join AI Infrastructure Finance Boom, Keefe Says
HSBC Holdings Plc wants to join in the rush to finance the infrastructure needed to roll out artificial intelligence, ...
HSBC Holdings rises Monday, outperforms market
HSBC Holdings PLC (UK Reg) HSBA shares rallied 1.54% to £6.71 Monday, on what proved to be an all-around positive trading ...
HSBC issues £85,000 warning over new rules which begin on October 7
The banksays new UK compensation rules will fail to curb APP scams and prove financial sector is not the problem as it throws ...
India's Private Sector Growth Slows In September, PMI Falls To 59.3: HSBC Survey
The flash composite Purchasing Managers' index (PMI), a key indicator of economic health, decreased to 59.3 in September from ...
HSBC hit by sixfold surge in Hong Kong property loan defaults
HSBC’s exposure to defaulted commercial property loans in Hong Kong surged almost sixfold to more than $3bn in the first half ...
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HSBC Trials Quantum-Secure Technology for Tokenised Gold Transactions
HSBC has successfully tested the use of quantum-secure technology for the buying and selling of tokenised physical gold, ...
Indian businesses grow at slowest pace in nine months, says HSBC Flash PMI
However, employment continued to increase at a solid pace in September Rates of input cost and output price inflation were ...
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Addressing APP Scams: HSBC Calls for Greater Responsibility from Tech Companies
In an era where online transactions are increasingly common, the threat of APP scams looms larger than ever. Recent comments ...