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HSBC Raises Profit Outlook for Greece’s Systemic Banks Amid Sustained ECB Rate Tightening
Global banking giant HSBC Holdings PLC has issued a new investment report projecting stronger profitability for Greece’s systemic lenders, arguing that the country’s banking sector remains one of the chief beneficiaries of the European Central Bank’s tighter monetary policy environment. HSBC has revised its macroeconomic assumptions to include three additional ECB interest rate increases totaling 75 basis points during the second half of 2026. The banking group expects thes
18 hours ago2 min read


US Court Bars Release of HSBC Monitor Report After Years-Long FOIA Fight
The United States District Court for the District of Columbia has issued a final decision siding with the Department of Justice in its effort to keep confidential a lengthy monitor report examining HSBC’s internal compliance failures. Granting the government’s motion for summary judgment, the court brought to a close years of litigation over access to a document exceeding one thousand pages that chronicles the bank’s past shortcomings and remediation efforts. The ruling concl
Jan 203 min read
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