According to a leaked internal staff memo sent today, HSBC is scaling back its investment banking operations in the UK, Europe, and the Americas as part of CEO Georges Elhedery’s restructuring ...

The accused opened 38 salary accounts in the names of employees, made 28 credit cards and took two loans from HSBC. The bank posted a pretax profit of $3.15 billion for the three months ended ...

HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday (Jan 28), accelerating a shift to Asia in its biggest retrenchment from investment ...