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Panjab University's alumnus Pam Kaur is now HSBC’s first woman CFO, know her educational qualification

October 24, 2024 9:22 am

She has completed a BCom (Hons) from Panjab University and has an MBA in Finance reportedly from the University of Leeds.

Parents in India prioritise child’s overseas education over own retirement: HSBC Report

September 14, 2024 9:54 am

Funding for education in countries like the US and UK can consume up to 64 per cent of parents' retirement savings. Only 53 per cent of Indian parents have an education savings plan, while 40 per cent expect their children to take loans, 51 per cent hope for scholarships, and 27 per cent would consider selling assets to cover the expenses.

India's factory activity growth hits three-month low, PMI shows

September 02, 2024 1:01 pm

While cost pressures were the lowest since March this year, output price inflation was close to July's near 11-year high as resilient demand allowed firms to easily pass on extra costs to clients.

HSBC completes sale of Canadian unit to Royal Bank of Canada

March 29, 2024 2:50 pm

The completion will result in the recognition of an estimated gain on sale of $4.9 billion in the first quarter of 2024, HSBC said in a statement on Friday.

There’s optimism in the country and it’s seeping through the system: HSBC India CEO Hitendra Dave

May 22, 2023 6:37 am

Hitendra Dave said it is very difficult for any international investor to ignore India’s growth story. He also believes that FY2023-24 is going to be one of the best years for Indian banks.

HSBC, Goldman gender pay gaps widen in UK as finance makes slow progress: Report

April 05, 2023 12:05 pm

HSBC, Goldman Sachs, Morgan Stanley and Standard Chartered reported a widening in the gap between what they paid women and men in 2022, according to data reviewed by Reuters.

HSBC acquires British arm of stricken Silicon Valley Bank

March 13, 2023 1:49 pm

HSBC said on Monday it is acquiring the UK subsidiary of stricken Silicon Valley Bank for 1 pound, rescuing a key lender for technology start-ups in Britain.

HSBC launches metaverse portfolio for wealthy Asian clients

April 06, 2022 6:27 pm

The metaverse comprises a network of virtual environments accessed via different devices where users can work, socialise and play.

HSBC Insurance eyes buying PNB stake in Canara HSBC OBC Life Insurance

February 03, 2022 12:54 am

The erstwhile OBC held 23 per cent stake in the life insurer, which by virtue of amalgamation in FY20 is now with PNB.

HSBC to buy L&T Mutual Fund for around Rs 3,200 crore

December 23, 2021 11:48 pm

🔴 Both the companies have entered into a definitive agreement whereby HSBC AMC will acquire 100 per cent equity shares of L&T Investment Management Ltd, a wholly owned subsidiary of L&T Finance Holdings.

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