|
|
|
|
 |
 |
HSBC Press Releases |
 |
|
|
|
|
14th December, 2007
HSBC to acquire The Chinese Bank in Taiwan
14 December 2007
***Delivers a presence in every major city***
***Integral to Greater China growth strategy***
The Hongkong and Shanghai Banking Corporation Limited has been named the successful bidder in a government auction to acquire The Chinese Bank Co., Ltd ...
|
13th December, 2007
HSBC begins rural bank operations in central China
13 December 2007
***First international bank to enter rural market***
HSBC Rural Bank opened for business today in the Cengdu District of Suizhou City in Central China's Hubei Province, establishing HSBC as the first international bank to enter China's fast growing rural market (1).
The initial phase of operations will include deposit-taking from businesses and individuals and financing of agriculture-related businesses ...
|
30th November, 2007
HSBC Mexico HQ recognised as greenest office building in Latin America
30 November 2007
HSBC has been awarded Latin America's first-ever LEED (Leadership in Energy and Environmental Design) Gold certificate for its headquarters building in Mexico. The accreditation, from the Mexico Green Building Council, concluded that the HSBC ‘Torre' building has significantly outperformed in such areas as energy efficiency, potable water reduction, waste water technologies, waste management and use of environmentally friendly recycled furniture ...
|
19th November, 2007
HSBC Bank Malta plc Interim Directors' Statement
19 November 2007
The following is the text of an announcement made today by HSBC Bank Malta plc, a 70.03 per cent indirectly held subsidiary of HSBC Holdings plc.
HSBC Bank Malta plc (HSBC Malta) is required to publish the following Interim Directors' Statement covering the period from 1 July 2007 to 31 October 2007 under Listing Rules 9.51 and 9.53 of the Malta Financial Services Authority.
HSBC Malta has maintained good business growth to date in 2007, continuing the positive profit and balance sheet trends reported in its first half 2007 results as reported in the Company Announcement of 30 July 2007.
As at 31 October 2007 both customers' deposits and customers' loans increased strongly over the prior October end, whilst maintaining a steady and stable loans to deposits ratio ...
|
16th November, 2007
HSBC Bank Malaysia Berhad results for the nine months ended 30 September 2007 - highlights
16 November 2007
Profit before taxation of MYR720 million up MYR14 million, or 1.9 per cent, for the nine months ended 30 September 2007 compared with MYR706 million for the same period in 2006.
Profit before allowance for losses on loans and financing of MYR946 million up MYR164 million, or 21.0 per cent, for the nine months ended 30 September 2007 compared with MYR782 million for the same period in 2006 mainly attributable to the following:
Revenue of MYR2.4 billion up MYR308 million, or 14.7 per cent, for the nine months ended 30 September 2007 compared with MYR2.1 billion for the same period in 2006.
Net interest income of MYR828 million up MYR105 million, or 14.6 per cent, for the nine months ended 30 September 2007 compared with MYR723 million for the same period in 2006.
Income from Islamic banking operations of MYR174 million up MYR51 million, or 41.1 per cent, for the nine months ended 30 September 2007 compared with MYR123 million for the same period in 2006.
Allowance for losses on loans and financing of MYR226 million up MYR151 million, or 201.3 per cent, for the nine months ended 30 September 2007 compared with MYR75 million for the same period in 2006.
Cost efficiency ratio for the nine months ended 30 September 2007 improved to 42.9 per cent from 45.7 per cent for the same period in 2006.
Total assets of MYR44.8 billion up MYR3.8 billion, or 9.2 per cent, at 30 September 2007 compared with MYR41.0 billion at 31 December 2006.
HSBC Bank Malaysia Berhad has reported solid growth in revenue of 14.7 per cent and profit before allowance of 21.0 per cent for the nine months ended 30 September 2007 compared with the corresponding period last year ...
|
14th November, 2007
HSBC Holdings plc - pre-close trading update
14 November 2007
HSBC Holdings plc (HSBC) will be conducting a trading update conference call with analysts and investors today to coincide with the release of its Pre-close Trading Update and the third quarter results of its principal operations in the United States (US), HSBC Finance Corporation and HSBC USA Inc., whose formal SEC 10-Qs will be available at Investor Relations on www.hsbc.com shortly after 08.30 GMT ...
|
12th November, 2007
HSBC expands in Korea through insurance acquisition
12 November 2007
HSBC Insurance (Asia-Pacific) Holdings Limited (HSBC Insurance) has entered into an agreement with Hana Financial Group, one of South Korea's largest financial services groups, to acquire 50 per cent less one share of its wholly owned subsidiary, Hana Life Insurance Company Limited (Hana Life), for a consideration of KRW53 billion (equivalent to US$58.4 million).
The joint venture will allow HSBC to extend its growing insurance business to Korea, an economy whose insurance market is the second largest in Asia ...
|
8th November, 2007
HSBC Trinkaus & Burkhardt AG third quarter 2007 results
8 November 2007
The following text is the English translation of a news release issued in Germany by HSBC Trinkaus & Burkhardt, a 78.6 per cent indirectly owned subsidiary of HSBC Holdings plc.
Operating profit up 18.3 per cent in the first nine months of 2007 to €162.6 million, compared with the same period in 2006.
Profit after tax up 24.0 per cent in the first nine months of 2007 to €111.6 million versus the first nine months of 2006.
Return on equity before tax of 26.5 per cent during the first nine months of 2007, compared with 24.7 per cent for the same period last year.
HSBC Trinkaus & Burkhardt AG showed strong results in the first nine months of the year as all business segments exceeded comparable 2006 results ...
|
29th October, 2007
HSBC Bank Canada third quarter 2007 results - highlights
29 October 2007
Net income attributable to common shares was C$145 million for the quarter ended 30 September 2007, an increase of 5.1 per cent over the quarter ended 30 September 2006.
Net income attributable to common shares was C$419 million for the nine months ended 30 September 2007, an increase of 13.6 per cent over the same period in 2006.
Return on average common equity was 21.3 per cent for both the quarter and nine months ended 30 September 2007 compared with 23.0 per cent and 21.2 per cent, respectively, for the same periods in 2006.
The cost efficiency ratio was 48.9 per cent and 50.8 per cent for the quarter and nine months ended 30 September 2007 compared with 48.2 per cent and 51.3 per cent, respectively, for the same periods in 2006.
Total assets were C$63.6 billion at 30 September 2007 compared with C$55.9 billion at 30 September 2006.
Total funds under management were C$27.1 billion at 30 September 2007 compared with C$22.4 billion at 30 September 2006.
Results are prepared in accordance with Canadian generally accepted accounting principles.
Overview
HSBC Bank Canada recorded net income attributable to common shares of C$145 million for the quarter ended 30 September 2007, an increase of C$7 million, or 5.1 per cent, from C$138 million for the third quarter of 2006 ...
|
26th October, 2007
HSBC Mexico third quarter 2007 financial results highlights
26 October 2007
On 8 August 2006, HSBC Panama was sold by Grupo Financiero HSBC, S.A. de C.V. to HSBC Asia Holdings BV. All comparative commentary within this report is therefore on a like-for-like basis excluding HSBC Panama, with the income statement as presented in Appendix A ...
|
|
|
|
Next 10 » |
|
|
|
|
