HSBC Holdings PLC

Read HSBC CEO Noel Quinn’s surprise resignation statement

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HSBC CEO Noel Quinn. Lam Yik | Bloomberg | Getty Images HSBC on Tuesday announced the surprise departure of Group Chief Executive Officer Noel Quinn after nearly five years at the helm. In a statement released by the bank, Quinn said: “It has been a privilege to lead HSBC. I never imagined when I started … Read more

UK mortgage rates are finally falling as homeowners hope for relief

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U.K. mortgage rates are falling as markets anticipate the Bank of England will start cutting interest rates toward the middle of the year — but uncertainty is likely to continue to dent buyer confidence. HSBC announced cuts beginning Thursday on its residential mortgage interest rates, with several falling below 5% for the first time since April … Read more