Tag Archives: HSBC

HSBC Oversold Risks Of $35 Billion Asia Spin-Off, Investor Ping An Insurance Group Thinks: Report

HSBC said a break-up would mean a potential long-term hit to the bank’s credit rating, tax bill. Hong Kong/ London: HSBC overstated the risks of spinning off its Asia unit when it rebuffed such a proposal by shareholder Ping An Insurance Group, a source familiar with the Chinese insurer’s thinking said, adding the move could… Read More »

ReNew Power, HSBC India To Provide Solar Electricity, Climate Education To 75 Schools

ReNew develops, builds, owns and operates utility-scale wind and solar energy and hydro projects New Delhi: Renewable energy firm ReNew Power has tied up with HSBC India to electrify 75 schools in three states with solar energy and create awareness about climate change in school curriculum, the two companies said in a joint statement. Digital… Read More »