When Georges Elhedery took the helm at HSBC, he wasted no time making his mark on the firm. Elhedery plotted a “simpler, more ...

HSBC warned that loan demand and credit quality could suffer from the broader fallout of U.S. President Donald Trump's global trade war, signalling tougher times for trade-focused banks even as the ...

"We are creating a simple, more agile, focused bank built on our core strengths," Elhedery said in a statement. "We continue to take deliberate and decisive steps." HSBC said it would launch a ...

Hong Kong-based lender Hang Seng Bank said on Thursday that it was restructuring its business and streamlining duplicate ...

Activist shareholders pressured HSBC HSBA0.38%increase ... expressing concern at recent changes by the global banking giant that they say cast doubt on its climate priorities.

He announced last week he would merge HSBC’s commercial banking unit with its global banking and markets business and split its geographic footprint into east and west. Its UK and Hong Kong ...

HSBC's headquarters in Canary Wharf, London. The bank is one of the largest in Europe. (Betty Laura Zapata/Bloomberg News) Two of Europe’s largest banks set aside more money for soured loans ...

HSBC Holdings Plc’s Swiss private bank failed to carry out adequate checks ... purpose or background of the assets involved, Finma said in a statement on Tuesday. The suspect transactions ...

HSBC Holdings Plc is weighing combining its commercial and investment bank divisions as part of new Chief Executive Officer Georges Elhedery’s push to eliminate overlapping roles across the ...

CCF, formerly HSBC France, is planning to cut 36% of its workforce and close a third of its branches. The bank Crédit Commercial de France (CCF) announced a restructuring plan on Wednesday for ...