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

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

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

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

HSBC on Tuesday agreed to sell its retail banking operations in Bahrain to Bank of Bahrain and Kuwait (BBK) amid a global ...

LONDON/HONG KONG (Reuters) - 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 ...

HSBC Holdings is preparing to commence job cuts within its investment bank as part of CEO Georges Elhedery's ongoing ...

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

Today could be the last day at HSBC for some investment bankers at Europe’s largest lender. Chief Executive Officer Georges Elhedery is wielding the knife again, starting his latest round of headcount ...

HSBC Holdings Plc is finishing up a review of its Wall Street offerings around the world, a process that’s already resulted in the bank deciding to shutter certain investment banking businesses.

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