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HSBC

Indonesia’s economic growth to dip below 5 percent in 2023, HSBC says
Economy 2 years ago

PREMIUM
Indonesia’s economic growth to dip below 5 percent in 2023, HSBC says

HSBC has forecast the Indonesia’s economic growth to decline under 5 percent for the 2023 fiscal year amid global economic uncertainty and the political dynamics ahead of next year’s elections.
HSBC faces shareholder vote on splitting bank
Companies 2 years ago

HSBC faces shareholder vote on splitting bank

Asia-focused HSBC has urged shareholders to vote down the proposal at its annual general meeting in Birmingham, central England.
HSBC pre-tax profits jump to $12.9 billion in first quarter
Companies 2 years ago

HSBC pre-tax profits jump to $12.9 billion in first quarter

Global banking giant HSBC announced Tuesday a $9-billion jump in pre-tax profits in the first quarter of 2023, projecting strong earnings for the rest of the year. 
‘Tech spring’ just around the corner, HSBC banker says
Markets 2 years ago

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‘Tech spring’ just around the corner, HSBC banker says

If, as many analysts believe, the Federal Reserve’s key interest rate has peaked, the valuation of tech companies may bounce back in the coming months.
HSBC Indonesia joins with Euroasiatic on its Green Term Loan journey
Front Row 2 years ago

HSBC Indonesia joins with Euroasiatic on its Green Term Loan journey

Businesses today are on a journey to harmonize financial incentives in alignment with the public sector through the environmental dimensions of Sustainable Development Goals (SDGs), in order to shape the ecosystem and production and consumption patterns of tomorrow.
HSBC says pre-tax profit slips to $17.5b in 2022
Companies 3 years ago

HSBC says pre-tax profit slips to $17.5b in 2022

Banking giant HSBC on Tuesday announced a dip in 2022 pre-tax profits last year, calling the ongoing impact of COVID-19 the main factor in its financial performance.
Global banks see M&A openings in post-crisis Indonesia
Companies 3 years ago

PREMIUM
Global banks see M&A openings in post-crisis Indonesia

Investment banks are projecting a flurry of merger and acquisition (M&A) activities in Indonesia this year, some driven by sustainable growth prospects, others by distress.
Banks collaborate with fintechs: If you can’t bury them, marry them
Tech 3 years ago

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Banks collaborate with fintechs: If you can’t bury them, marry them

Many believe that conventional banks will eventually catch up to financial technology (fintech) platforms and digital banks in terms of retail banking competitiveness, but industry players hinted that collaboration with them might be the key to success as it can be more efficient.
Executive Column: We are back for acquisitions, says HSBC
Companies 3 years ago

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Executive Column: We are back for acquisitions, says HSBC

Taking a long-term view on banking prospects in the region, HSBC Asia Pacific co-CEO Surendra Rosha sees ample opportunity for growth in Indonesia. 
Indonesia’s GDP seen to grow 5.1% despite Omicron threat
Economy 4 years ago

PREMIUM
Indonesia’s GDP seen to grow 5.1% despite Omicron threat

London-based investment bank HSBC forecasts “extremely strong” spending, “a lot of” investment and contained inflation for Indonesia this year, indicating ongoing economic recovery.
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