HSBC Holdings PLC HSBC plans to close its credit card operations in China as it faces challenges to achieve growth and profitability in the region. This was reported by sources with knowledge of the ...

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HSBC Holdings PLC (GB:HSBA) has reportedly exited its credit card business in China after facing challenges in achieving growth after eight years of launch. According to Reuters, the bank has halted ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The bank has teamed up with international credit bureau Nova ...

Our ratings are calculated based on fees, rates, rewards and other category-specific attributes. All ratings are determined solely by our editorial team. HSBC is a global banking and financial ...