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HSBC Warns of Private Credit Risks Amid Profit Fall

HSBC's CFO Pam Kaur warns of risks from counterparties exposed to private credit losses, despite the bank lifting its full-year profit guidance. Third-quarter profits fell 14% to $7.3 billion, impacte

By Priya Sharma

#HSBC#Private Credit#Banking

Business•Oct 9

HSBC Offers $13.6 Billion to Fully Acquire Hang Seng Bank

HSBC Holdings has made a $13.6 billion offer to acquire full ownership of Hang Seng Bank, aiming to consolidate its control over Hong Kong's largest local lender.

By Marcus Reid

#HSBC#Hang Seng Bank#Mergers and Acquisitions

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HSBC Warns of Private Credit Risks Amid Profit Fall

HSBC Offers $13.6 Billion to Fully Acquire Hang Seng Bank

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