For HSBC, Life Gets Very Complicated in Hong Kong & China, its Number One Market, as China Tightens the Screws by Nick Corbishley • Dec 11, 2020 • 41 Comments Amid concerns China’s authorities are using the account seizures to crack down on dissent.
HSBC Embraces China’s Crackdown on Hong Kong, Goes All-In on Asia Pivot by Nick Corbishley • Jun 4, 2020 • 98 Comments Beijing squeezes, and HSBC knows where it makes most of its money. Standard Chartered, another UK bank, did the same.
European Banks Reveal Scale & Complexity of Crisis. Shares Hammered Back to 1987 Level by Nick Corbishley • May 1, 2020 • 57 Comments They haven’t gotten over Financial Crisis 1 and the Euro Debt Crisis. Now there’s a new crisis. Deutsche Bank’s CEO going on TV to soothe nerves didn’t help matters.
HSBC Announces Mass Job Cuts, Huge Write-Down, Asset Sales, Halt of Share Buybacks. Warns of Coronavirus Impact on Credit Losses & Revenues in China & Hong Kong by Nick Corbishley • Feb 18, 2020 • 55 Comments These days, markets forgive and forget anything except the suspension of share buybacks. Shares dive.
HSBC Runs into Buzzsaw in Hong Kong & China, its Home Market Generating 75% of its Profits by Nick Corbishley • Aug 19, 2019 • 24 Comments HSBC’s pleas of innocence have won little sympathy in Beijing.
Is Brazil About to Drag Down Spain’s Biggest Bank? by Don Quijones • Sep 13, 2015 • 10 Comments The timing could not have been worse.
Does HSBC Know Something Other Banks Don’t? by Don Quijones • Jun 28, 2015 • 1 Comment Or Is It Just In Dire Financial Straits?
