#hsbc
HSBC plans India equity broking return after 13 years amid IPO boom, sources say
After a decade-long hiatus, HSBC is gearing up to re-enter the Indian equity broking sector, responding to the increasing demands from wealthy clients and an active share sale market. The bank is set to introduce retail broking services shortly, leveraging it…
HSBC to return to India stock broking business after 13 years amid IPO boom
HSBC plans to re-enter India's equity broking market, targeting wealthy clients amid a surge in IPOs and market participation.
Xflow partners with HSBC to collect payments from Indian users for global businesses; here's why it is important
Xflow partners with HSBC to help global businesses collect payments from Indian customers through UPI, cards and net banking without setting up a local entity.
Don't fight AI, HSBC CEO tells staff members as banks begin job cuts
LONDON: HSBC appealed to staff members not to fight AI on Wednesday (May 20), saying it would destroy jobs while creating new ones, as banking rival Standard Chartered sought to calm workers over comments that the technology would replace "lower-value human c…
Current account deficit to widen to 2.3% of GDP in FY27 from 0.9% in FY26: Report
HSBC said it has assumed crude prices to average $95 a barrel, and combined it with sensitivities in oil, gold, core goods, services trade and remittances to arrive at a current account deficit of 2.3% of GDP in FY27 as against 0.9% in FY26
Surging global bond yields, elevated oil deepen rupee's slide to record lows
Elevated energy prices and weak capital flows have left India staring at a third consecutive fiscal year of a deficit in its balance of payments (BoP), straining the rupee. Economists at HSBC have forecast a BoP deficit of around $65 billion in the fiscal …
RBI may hike rates twice in FY27 amid inflation and El Nino risks: HSBC
HSBC also lowered India’s FY27 GDP growth forecast to 6 per cent, warning that higher food prices, industrial cost pressures and climate-related disruptions could create a difficult policy environment for the RBI
A three-prong strategy can help India curb energy shock implications: HSBC Economist
India can counter global energy shocks with a three-part plan. This involves supporting small businesses through credit guarantees. It also includes strengthening rural employment with programs like NREGA. Finally, the government should boost public infrastru…
HSBC cuts India exposure, bets on Korea; but says India's best days are still ahead
HSBC trims India equity exposure to boost South Korea, citing Korea's explosive earnings growth. While India's earnings recovery is real but gradual, the bank maintains long-term conviction. Investors are advised to stay optimistic and focus on emerging secto…