Elhedery’s plans, which will come into force in January 2025, are set to carve HSBC up into four separate units including two covering the bank’s Hong Kong and U.K. businesses and two more ...

HONG KONG/SYDNEY (Reuters ... Its shares in London were up 1.06% in morning trade. The investment banking job cuts also come after HSBC last month announced plans to wind down its mergers ...

HSBC Holdings Plc has seen at least four Hong Kong-based bankers leave amid a dearth of deals in the region, according to people familiar with the matter. The bank cut staff within its commercial ...

Hong Kong, the UK, corporate and institutional banking, and wealth and premier banking. HSBC said it is pursuing the restructuring to achieve greater operational efficiency and growth, though it ...

HSBC has been accused of ‘shrugging ... of the All-Party Parliamentary Group on Hong Kong, said: ‘These are British customers of a British bank who are being denied their life savings. ' ...

HSBC are an unreliable bank for anyone that is concerned about what is going on in Hong Kong.’ Alistair Carmichael MP, chairman of the all-party parliamentary group on Hong Kong, accused the ...

Meanwhile, Bank of East Asia (BEA), Hong Kong's oldest family-run bank, opened an 18-storey building in Qianhai in January, as part of its push targeting wealth management and fintech in the bay area.

HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly ...