HSBC HOLDINGS (HSBC) Company Report

Analyst Coverage

Research analysts who have asked questions during HSBC HOLDINGS earnings calls.

Gurpreet Singh Sahi

Goldman Sachs

4 questions for HSBC

Joseph Dickerson

Jefferies

4 questions for HSBC

Also covers: BARC.L, BCS, CRARY

Katherine Lei

JPMorgan Chase & Co.

4 questions for HSBC

Aman Rakkar

Barclays PLC

3 questions for HSBC

Also covers: LYG, NWG

Andrew Coombs

Citigroup

3 questions for HSBC

Also covers: ATMP, BCS, DB +3 more

Benjamin Toms

RBC Capital Markets

3 questions for HSBC

Also covers: BARC.L, BBVA, BCS +3 more

Jason Napier

UBS Group AG

3 questions for HSBC

Also covers: BCS, LYG, NWG

Kian Abouhossein

JPMorgan Chase & Co.

3 questions for HSBC

Also covers: DB, JBAXY, UBS

Kunpeng Ma

China Securities

3 questions for HSBC

Kendra Yan

China International Capital Corporation (CICC)

2 questions for HSBC

Raul Sinha

JPMorgan Chase & Co.

2 questions for HSBC

Also covers: NWG

Amit Goel

Mediobanca S.p.A.

1 question for HSBC

Also covers: BCS, JBAXY, LYG +2 more

Edward Hugo Firth

Stifel

1 question for HSBC

Also covers: BARC.L, LYG, NWG

Ian Zhou Yu

CICC

1 question for HSBC

Jeremy Hugh

CICC

1 question for HSBC

Manus Costello

Autonomous

1 question for HSBC

Perlie Mong

KBW

1 question for HSBC

Also covers: ATMP, BCS

Robert Noble

Deutsche Bank AG

1 question for HSBC

Also covers: BCS, NWG

Latest news

Recent press releases and 8-K filings for HSBC.

HSBC Reportedly Considers Singapore Insurance Sale

HSBC

M&A

HSBC is reportedly reviewing strategic options for HSBC Life (Singapore), including a potential sale that could be valued at more than $1 billion.
This review is part of CEO Georges Elhedery’s broader strategy to reshape the bank through divestments and simplification of non-core insurance and banking units.
Recent actions supporting this strategy include the sale of its U.K. life business in July 2025 and the privatization of Hang Seng Bank, which was approved on January 8, 2026.

1 day ago

Bloomberg

HSBC Innovation Banking reports healthcare venture market recovery and 2026 outlook

HSBC

New Projects/Investments

M&A

Guidance Update

The healthcare venture ecosystem stabilized in 2025, with total investment rising to $60 billion across 2,167 deals, up from $45.4 billion in 2024.
Q4 2025 represented the strongest quarter for healthcare venture investment in three years, indicating renewed investor confidence and improved liquidity conditions.
Private M&A and IPO activity picked up meaningfully in 2025, reopening exit pathways and improving liquidity across the venture ecosystem.
HSBC Innovation Banking projects healthcare venture investment to reach $65-$70 billion in 2026, supported by improving IPO conditions and increased M&A activity.

2 days ago

Press Release

HSBC establishes UAE onshore asset management platform and launches 10 funds

HSBC

New Projects/Investments

Hiring

HSBC has established an onshore asset management platform in the UAE, registering 10 UAE-regulated funds with the Securities and Commodities Authority and opening a Dubai branch.
This expansion is part of a broader strategic shift to concentrate resources on faster-growing markets in Asia and the Middle East and to pursue steadier fee income.
The initial fund lineup covers fixed income, equity, and multi-asset strategies, serving as onshore feeder vehicles into HSBC’s global strategies.
James Grist has been appointed as general manager of the new UAE asset management entity.

4 days ago

Bloomberg

HSBC Holdings Announces Approval for Hang Seng Bank Privatization

HSBC

M&A

Delisting/Listing Issues

Proxy Vote Outcomes

HSBC Holdings plc announced the approval of the privatization of Hang Seng Bank Limited by The Hongkong and Shanghai Banking Corporation Limited (HSBC Asia Pacific) through a Scheme of Arrangement.
The resolution for the Scheme was approved at both the Hang Seng Bank Court Meeting and General Meeting on January 8, 2026, with 85.75% of voting rights of Scheme Shareholders present and voting in favor at the Court Meeting and 97.30% of votes cast in favor at the General Meeting.
The listing of Hang Seng Bank Shares on the Hong Kong Stock Exchange is expected to be withdrawn with effect from 4:00 p.m. on Tuesday, January 27, 2026, following the expected latest trading time of 4:10 p.m. on Wednesday, January 14, 2026.

7 days ago

6-K

HSBC Holdings announces privatization proposal for Hang Seng Bank

HSBC

M&A

Takeover Bid

Delisting/Listing Issues

HSBC Holdings plc announced a proposal for the privatisation of Hang Seng Bank Limited by its subsidiary, The Hongkong and Shanghai Banking Corporation Limited (HSBC Asia Pacific), through a scheme of arrangement.
As of December 12, 2025, HSBC Asia Pacific held 1,188,057,371 Hang Seng Bank Shares, representing 63.4328% of Hang Seng Bank's total issued share capital.
Upon the scheme becoming binding and effective, HSBC Asia Pacific is projected to hold 100% of Hang Seng Bank's shares.
The document also disclosed recent dealings in Hang Seng Bank Shares on December 11 and 12, 2025, including a sell transaction by Internationale Kapitalanlagegesellschaft mbH and multiple buy/sell transactions by HSVM.

Dec 17, 2025, 4:16 PM

6-K

HSBC Holdings plc announces privatization scheme for Hang Seng Bank

HSBC

M&A

Delisting/Listing Issues

Takeover Bid

HSBC Holdings plc's subsidiary, The Hongkong and Shanghai Banking Corporation Limited (HSBC Asia Pacific), is pursuing the privatisation of Hang Seng Bank Limited through a scheme of arrangement.
The Scheme Document was dispatched to Hang Seng Bank Shareholders on December 15, 2025, outlining the proposal.
Both the Hang Seng Bank Independent Board Committee and its Independent Financial Adviser have recommended that Code Disinterested Shareholders vote in favor of the Proposal, considering it fair and reasonable.
The Hang Seng Bank Court Meeting and General Meeting are scheduled for January 8, 2026.
If approved, the listing of Hang Seng Bank Shares on the Hong Kong Stock Exchange is expected to be withdrawn on January 27, 2026, with the Scheme Effective Date anticipated on January 26, 2026.

Dec 15, 2025, 1:45 PM

6-K

HSBC Proposes Take-Private Offer for Hang Seng Bank

HSBC

M&A

Takeover Bid

HSBC Holdings has proposed to take Hang Seng Bank private by acquiring the remaining shares it does not already own, in a deal valued at approximately $13.6 billion.
The offer price of 155 Hong Kong dollars per share represents a 33.1% premium over the recent average closing price and has been deemed "fair and reasonable".
HSBC, which currently owns a 63% stake in Hang Seng Bank, intends to fully acquire the remaining shares to streamline operations and enhance shareholder value.
The offer price of 155 Hong Kong dollars per share is final and will not be raised under any circumstances.
Shareholder meetings to vote on the privatization scheme are scheduled for January 8, 2026, in Hong Kong.

Dec 15, 2025, 12:03 AM

Bloomberg

HSBC Appoints Brendan Nelson as Permanent Group Chair

HSBC

Board Change

Management Change

Legal Proceedings

HSBC has appointed Brendan Nelson as its permanent group chair, a role he has held on an interim basis since October.
Nelson, a KPMG veteran with prior board experience at BP and Royal Bank of Scotland, succeeds Mark Tucker and will continue to chair HSBC's group audit committee until February 2026.
This appointment aligns with CEO Georges Elhedery's ongoing restructuring efforts to concentrate HSBC's operations on Asia.
The bank recently reported a 14% decline in profit to $7.3 billion for the quarter ending September 30, partly due to approximately $1.1 billion in legal provisions related to the Madoff fraud scandal.

Dec 3, 2025, 6:46 AM

Morningstar

HSBC Holdings plc Issues Senior Unsecured Notes

HSBC

Debt Issuance

HSBC Holdings plc issued EUR1,250,000,000 in 3.608% Fixed to Floating Rate Notes due 2033 on December 1, 2025.
The notes were issued under the company's Debt Issuance Programme.
Application will be made to list the Notes on the Official List of the Financial Conduct Authority and to trade them on the Main Market of the London Stock Exchange plc.
The Notes have not been registered under the United States Securities Act of 1933 and may not be offered or sold within the United States or to US persons.

Dec 1, 2025, 5:35 PM

6-K

HSBC Holdings plc announces consents for Hang Seng Bank privatization

HSBC

M&A

Takeover Bid

HSBC Holdings plc announced a proposal for the privatisation of Hang Seng Bank Limited by The Hongkong and Shanghai Banking Corporation Limited via a scheme of arrangement.
In connection with this proposal, the Group has secured relevant consents from the Executive under the Takeovers Code for various ordinary course activities, including Structured Products-related Activities, Agency Lending Programme indemnities, Market Making Activities, management of Passive Index-Tracking Funds, and dealings as an executor and discretionary trustee of a deceased's estate.
These consents, granted between September 29, 2025, and November 26, 2025, ensure compliance with Takeovers Code rules (e.g., 21.2, 21.7, 23, 24) by waiving requirements such as 24-hour public notice for sales or confirming no implications on the minimum consideration level for the proposal.