HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its ...

HSBC is disbanding a division that serves small and medium-size companies in the U.S., part of a push to focus on markets ...

HSBC Holdings Plc is exiting a business that serves small and midsize US companies, as it continues an overhaul aimed at ...

Does Santander's aggressive business transformation strategy steal the spotlight from HSBC's bet on the Asia pivot plan?

The Bank of England's base rate influences what banks and lenders charge you to borrow money, but it also dictates how much ...

HSBC issued a 5-year U.S. dollar denominated additional tier 1 bond on Thursday. The bond's initial price talk is in the 7.625% area. "We see fair value at around 6.75% based on its outstanding AT1s, ...

As part of the changes, the London-based bank is combining macro strategy across asset classes including foreign exchange and ...

HSBC Holdings Plc has told its UK-based retail bank employees that they could see their bonuses cut if they failed to show up ...

HSBC Bank USA NA will pay $25,000 to two employees to settle claims that it failed to provide proper meal breaks and prevented them from reporting overtime hours.

HSBC is making a major change to eight of its bank accounts within weeks. The bank and lender is slashing interest rates on a ...

Earlier in the week, HSBC laid off 40 employees in the division, which is known as business banking. HSBC also announced the decision to the business bank’s roughly 4,400 clients, firms that ...