The bank intends to cut hundreds of jobs and the first wave of redundancies hit when HSBC announced bonuses on Friday ...

Once a sprawling bank spanning more than 100 countries, HSBC has spent the last decade slowly shrinking its global footprint ...

HSBC has been a strong performer recently, with multiple expansion powering a ~60% return over the past 12 months. Read why I ...

The centrepiece of Elhedery’s announcement was a $1.5 billion annual cost-cut target by 2027, helped by closing bits of its U ...

HSBC posted annual profit on Wednesday that ... markets teams in Europe and the Americas in the bank’s biggest investment banking retrenchment in decades, accelerating a pivot toward Asian ...

The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...

Thailand's strong infrastructure will continue to attract foreign direct investment (FDI) more than interest rate levels, ...

Meanwhile, HSBC’s CIO expects AI to benefit from the announced plans. Hang Seng Bank has welcomed the recently announced ...

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 ...