HSBC Holdings PLC

Mastercard says wide adoption of CBDCs is ‘difficult’

Business
Jessica Roberts

The difficult part of central bank digital currencies is adoption, said Ashok Venkateswaran, Mastercard’s blockchain and digital assets lead for Asia-Pacific. Consumers ...

profit after tax surges over 235% year-on-year

Business
Jessica Roberts

HSBC’s profit after tax came in at $6.26 billion in the three months ended September, jumping 235% compared to the $2.66 billion in ...