HSBC did not say what the projected cost savings might be or indicate how many jobs would be affected, but more details could emerge when the bank reports third-quarter results on Oct. 29.

HSBC Overhauls Bank, Seeking to Balance China and the West. The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its sprawling ...

It also integrates the geographic region of the group’s Western markets – comprising its UK non-ring-fenced bank, Europe, and the Americas – which HSBC highlighted as a predominantly wholesale banking ...

In the “priority markets” of China, India and Singapore, HSBC named Zhenyi Tang, Ajay Sharma and Gilbert Ng as heads of banking, it said. Most Read from Bloomberg NYC’s Congestion Pricing ...

HSBC Names New Investment Bank Leadership as Shake-Up Continues — Financial News Provided by Dow Jones Dec 5, 2024, 1:47:00 PM. By Paul Clarke . Of Financial News .