HSBC Holdings has reported that its profit after tax increased by $0.8 billion to $9.2 billion; profit before tax decreased by $1.7 billion to $9.2 billion and revenue decreased marginally to $25.2 billion, mainly due to foreign currency translation impacts and 1H22 losses on planned business disposals.
Author: Editorial Team
ABS Unveils Template for Banks on Key Environmental Risk Issues
The Association of Banks in Singapore (ABS) unveils ABS Environmental Risk Questionnaire (ERQ), the first-ever industry-standard template that sets a consistent baseline for banks in Singapore to engage their corporate clients on environmental risk issues, gather data points, and identify opportunities to finance the transition to a low carbon economy.
Lloyds Banking Group Partners with Innovation Sandbox
Innovation Sandbox is designed to will help the Lloyds banking group to bring a variety of fintech opportunities. This partnership will help through the design and test cycle more efficiently, supporting a rich ecosystem of fintechs and reducing time-to-market.