HSBC has raised its year-end target for the S&P 500, citing resilient corporate earnings and continued momentum from major technology companies powering the artificial intelligence boom.

HSBC has confirmed that its head of banking for Europe and the Americas, Gerry Keefe, has resigned, marking another senior departure as the lender continues its global restructuring.

HSBC has reduced its exposure to U.S. equities while increasing allocations to Europe and emerging markets, saying its tactical asset allocation remains “firmly risk-on.”

HSBC Holdings lifted a key earnings target after its annual profit beat expectations, signaling confidence in further growth following a major bank overhaul.

American Patrick Kypson secured the biggest victory of his career on Monday at the Abierto Mexicano Telcel presentado por HSBC, upsetting second seed Alex de Minaur 6-1, 6-7(4), 7-6(4) to advance to the second round in Acapulco.

HSBC is opening an asset management business in the UAE, launching 10 onshore funds to tap into the Gulf country’s growing wealth, the bank announced on Monday.

HSBC Holdings is preparing to pay around $300 million to settle a French criminal investigation into its alleged involvement in the “Cum-Cum” tax scandal.