Potential bidders for HSBC's Turkish business include ING Group, Qatar National Bank (QNB) and Bahrain-based Arab Banking Corp (ABC), people familiar with process said on Friday.
Four sources said Dutch bank ING and Qatar Nati
Saudi Arabia’s mid-market enterprises (MMEs), defined as firms with annual sales between of between $50 million to $500 million, generate $232 billion turnover, a report said.
There are an estimated 1,980 MMEs, added the rep
HSBC, Europe's biggest bank, has ordered a review into whether it should move its headquarters out of Britain and potentially back to its former home in Hong Kong, threatening London's reputation as a global hub for finance and investmen
The Malaysian Islamic banking arm of HSBC Holdings has raised 750 million ringgit ($205 million) from the sale of a five-year Islamic bonds (sukuk) at a yield of 4.24 per cent, IFR reported.
The sale is the third tranche of the le
Activity in China's factory sector dipped to a 11-month low in March as new orders shrank, a private survey showed, signalling persistent weakness in the world's second-largest economy that will likely fuel calls for more policy easing t
HSBC Bank Middle East has said its Bahrain operations continue as before and are unaffected by the cancellation of a legacy licence in the country.
In a statement, the bank said “the cancellation of the wholesale banking lic
HSBC was named the best investment bank in the Middle East for 2015 by Global Finance magazine in its 16th annual World’s Best Investment Banks survey.
The survey lists the best investment banks by country, region and sector
Aimia, a global leader in loyalty management, has announced the agreement of a multi-year extension with founding partner HSBC for its participation in the Air Miles programme in the Middle East.
"We are delighted with HSBC
Growth of Saudi Arabia’s non-oil private sector economy was sustained during November, but at a slower pace as output, while new orders and employment all increased at weaker rates, a report said.
After accounting for season
Shareholders of Doha Bank have approved the purchase of the Indian assets of HSBC Bank Oman after an extraordinary meeting, the Qatari bank said in a statement on Monday.
HSBC Bank Oman, an affiliate of HSBC Holding, said in April