Hang Seng Bank Ltd., a Hong Kong lender controlled by HSBC Holdings Plc, recorded a surge in credit impairment on commercial ...

The redundancies will be staggered over several weeks and months, based on performance and to streamline operations.

Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and ...

HSBC pushes back climate target for operations and supply chain by 20 years - HSBC says factors ‘outside of our control’ ...

HSBC Malta said it achieved record financial results due to revenue growth, recoveries on expected credit losses and focused ...

Europe’s largest lender HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts’ ...

HSBC aims to complete these moves by June. The bank has announced it will provide further details on the restructuring ... begin to wind-down our M&A and equity capital markets activities in the UK, ...

HSBC also revealed that it will look to reduce its global staff costs by 8 per cent in order to cut costs by £1.2 billion by the end of 2026.

LONDON/HONG KONG, Feb 17 (Reuters) - Investors in HSBC (HSBA.L), opens new tab are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald Trump's ...

Bank of America continues to close several branches across the country. In the last weeks of last year and so far in 2025, ...

CEO Georges Elhedery has shaken up structure and leadership since taking over in September to focus on areas of strength ...