Tuesday , August 22 2017

Banking

HSBC plans Saudi growth thanks to kingdom’s ‘unprecedented’ change

epa06118462 (FILE) - The Hong Kong and Shanghai Banking Corporation's (HSBC) logo on the side of the HSBC building in the financial district of Singapore, 09 March 2016 (reissued 21 February 2017). HSBC posted on 31 July 2017 a pre-tax profit of 10.2 billion US dollars for the first half of 2017, up by 5 percent from last year.  EPA/WALLACE WOON

DUBAI / Reuters HSBC is planning to add staff to its Saudi Arabian operations as the kingdom embarks on one of the biggest economic transformations attempted by any country, the bank’s regional chief Georges Elhedery told Reuters. Opportunities for investment banks have increased tremendously due to Vision 2030, the reform ...

Read More »