Hsbc

HSBC Group reported its 2022 Q3 results and subsequently announced the appointment of Georges Elhedery as group CFO and an executive director of the board as well as the appointment of Greg Guyett as chief executive of global banking and markets (GBM). Mr Guyett's appointment is effective

Britain's biggest banks are expected to report profits of £33 billion when they reveal their third-quarter results next week. The figures from Lloyds Banking Group, NatWest Group, Barclays and HSBC are expected to show their combined profits rising from £25 billion in 2019 to £33 b

A misleading campaign advertising HSBC's green credentials has been banned by the Advertising Standards Authority (ASA). The ruling comes in the wake of dozens of complaints that the bank's posters appeared on high streets and bus stops in the lead up to the COP26 climate change conference in Glasgo

Scottish independent pharmacy operator Eastwood Pharmacy Group has acquired a new store in Airdrie thanks to a £5.7 million funding package from HSBC UK. The Glasgow-based firm is expanding after it used the funding to acquire McNish Pharmacy in Caldercruix, Airdrie, which has been part of the

Monese has announced a $35 million (£30.7m) investment by HSBC bringing the total raised by Monese to $208m (£182m).

Fife-based convenience retailer Greens Retail has received a £1.3 million funding package from HSBC UK which has allowed it to its business across Scotland.

Waste management business Hamilton Waste & Recycling, has received a £1.3 million Green Loan from HSBC to expand its operations.

HSBC has released its 2022 H1 results and reported profit after tax of $9.2 billion (£7.5bn). Pre-tax profit has fallen but has come ahead of expectations. The bank has said it expects net interest income of at least $31bn (£25bn) for 2022 and at least $37bn (£30bn) for 2023,

East Kilbride-based e-commerce business Dimensions Scotland has secured £522.5,000 from HSBC UK to purchase a new warehouse after demand for its services grew significantly during the pandemic. Dimensions partners with its customers by providing outsourced storage and order fulfilment services

M&D Green Group, an independent, family-owned Glasgow-based pharmacy group has secured eight-figure funding from HSBC UK to support its ambitious acquisition strategy. The Glasgow-headquartered group has secured an eight-figure credit facility from HSBC UK to enable the business to make five str

HSBC UK has launched a £15bn lending fund today for small and medium sized businesses with £1 billion ring-fenced to support local economies, employment opportunities and drive growth across Scotland. Whilst concerns about the broader market remain, HSBC said its customers are thinking a

HSBC has seen its reported profits after tax drop by $1.1 billion to $3.4bn in the first quarter of 2022. The bank's reported profit before tax also plummeted by $1.6bn to $4.2bn. HSBC said that the decrease reflected a net charge for expected credit losses and other credit impairment charges in the

HSBC UK has revealed that it will close 69 branches across the UK, including two in Scotland. The two Scottish branches set to close are in Perth on 26 July, and in Inverness on 27 September.

South West Scotland’s first Pepe’s Piri Piri restaurant is set to open on 15th March thanks to a six-figure funding package from HSBC UK secured by franchisee Adnan Manzoor.

Scottish offshore support vessel specialist Sentinel Marine has taken delivery of a new Multi-role Offshore Support Ship following a £62,000,000 refinancing package, equally split between HSBC Equipment Finance Ltd (HEF) and Clydesdale Bank.