HSBC Holdings ( (GB:HSBA) ) has issued an announcement.
HSBC Holdings plc announced a reorganization of its reporting segments effective from January 1, 2025, aligning them with its strategic focus areas. This change, which includes segments such as Hong Kong, UK, Corporate and Institutional Banking, and International Wealth and Premier Banking, aims to enhance clarity and provide a more accurate reflection of the Group’s operations. The reorganization does not affect the consolidated financial results or position of the Group but is intended to improve internal and external reporting consistency.
More about HSBC Holdings
HSBC Holdings plc is a multinational banking and financial services organization headquartered in London, United Kingdom. It operates in various segments including Hong Kong, UK, Corporate and Institutional Banking, and International Wealth and Premier Banking, providing a wide range of financial services globally.
YTD Price Performance: 6.20%
Average Trading Volume: 30,581,833
Technical Sentiment Signal: Sell
Current Market Cap: £147.4B
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