Tag: HSBC

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Rising debt cost to weigh on euro zone GDP, HSBC says

The growth in euro zone's gross domestic product (GDP) may come under pressure as corporates ease the pace of investments due to higher borrowing...

HSBC launches 40-year mortgage for first time ever

HSBC will launch 40-year mortgage terms for the first time as borrowers scramble to reduce their monthly mortgage payments. The move is aimed at helping “aspiring homeowners”...

HSBC rides rising rates to double its income, launches $2 bln share buyback

HSBC Holdings (HSBA.L) raised its key profitability target and announced a fresh $2 billion share buyback on Tuesday, as rising central bank interest rates worldwide helped...

Banks vote to limit accounting of emissions in bond and stock sales

Banks working to develop global standards on accounting for carbon emissions in bond or stock sale underwriting have voted to exclude most of these...

HSBC builds up China green finance, bonds teams in funds push

HSBC is building up its green finance and bond teams in China to meet surging demand, two sources with knowledge of the matter told...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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