The Latest Breaking News from HSBC

Influential U.S. lawmakers have demanded that one of the world's biggest banks, HSBC Holdings Plc, explain its actions in freezing accounts of Hong Kong pro-democracy activists, moves that could leave it liable to severe sanctions under U.S. law.

Energy giant BP, global bank HSBC and the world's biggest aircraft leasing firm AerCap joined a growing list of companies looking to exit Russia on Monday, as Western sanctions tightened the screws on Moscow over its invasion of Ukraine. The West has moved to punish Russia with a raft of…

Commodities including wheat and aluminium surge and European stocks slide as markets respond to wider sanctions on Russia

On CNBC, HSBC economist Frederic Neumann said increased prices in energy, commodities and agriculture products are a big headwind for Asia’s economies.

Money from HSBC and UK Export Finance should help with international expansion

Comment: Not all boats are rising as economy recovers

HSBC’s bonus pot for top bankers jumped by a third to £2.6 billion while chief executive Noel Quinn took home £9 million it emerged today.

London-headquartered bank paid more than 451 of its staff £830,000 or more last year

Stock markets have fallen sharply and oil prices are within sight of $100 a barrel as traders react to Vladimir Putin sending troops into eastern Ukraine.

Group chief executive Noel Quinn said the results reflected the global economic recovery from the pandemic

I won’t be holding my breath for government action or an UK inquiry into its actions – or into any other bank for that matter, says banking expert Prem Sikka