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HSBC Holdings' (NYSE:HSBC) plan to pull staff back to the office could eat into more than 10% of its $1.5B annual cost-cutting target, according to a media report published Monday. In the weeks ahead, ...
HSBC’s cost-cutting agenda is set to face a major disruption as the lender faces a shortfall of desks in its office move. The banking juggernaut has been reported to be mulling a return-to-office ...
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With India’s ultra-high-net-worth population projected to surge 50% by 2028, HSBC is positioning itself to capture this growth through its Global Private Banking platform (launched in 2023), the ...
The restructuring also follows HSBC’s acquisition of Silicon Valley Bank UK in 2023, which had raised hopes of a focus on tech-driven investment banking. However, the withdrawal from ECM and M&A ...
Banking giant HSBC has been fined 6.2 million pounds ($7.9 million) for failing to treat financially-stretched customers fairly, Britain's Financial Conduct Authority (FCA) said on Thursday. April ...
LONDON (Reuters) -HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday, accelerating a shift to Asia in its biggest retrenchment from ...
HSBC has seen its quarterly profits jump by 10% as the UK-based banking giant embarks on one of the biggest shakeups in its 159-year history.. The firm said its pre-tax profits rose to $8.5bn (£6 ...