Once a sprawling bank spanning more than 100 countries, HSBC has spent the last decade slowly shrinking its global footprint ...
Today could be the last day at HSBC for some investment bankers at Europe’s largest lender. Chief Executive Officer Georges ...
CEO Georges Elhedery has shaken up structure and leadership since taking over in September to focus on areas of strength ...
The redundancies will be staggered over several weeks and months, based on performance and to streamline operations.
Hong Kong’s biggest bank announced US$2 billion in a share buy-back programme and 87 US cents per share in dividend.
The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...
HSBC Holdings Plc is kicking off a fresh round of job cuts at its investment bank as new Chief Executive Officer Georges ...
HSBC Holdings shines with a 39% share price surge, 7.6% dividend yield, and $25B FY24 profit. See why we are bullish on HSBC ...
Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital markets ...
Some cuts are already under way, but wider layoffs will begin as early as Feb 17, sources said. Read more at straitstimes.com ...