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

The presentation follows HSBC’s record profit before tax of $32.3 billion reported for the full year 2023, when the bank emphasized its strategic focus on restructuring and growth in key markets ...

“Since becoming CEO, I have focused on simplifying how we operate,” Mr Elhedery said in a statement in ... growth areas,” ...

Europe’s largest bank said in a statement published on Wednesday ... “This prejudice was highlighted in HSBC’s 2022 interim results presentation where management listed 14 reasons why ...

HSBC Malta has set up a virtual data room to share information “securely and in confidence” about its operations as the bank’s potential sale enters a new phase. In a company statement published on ...

HSBC is weighing combining its commercial and investment bank divisions as part of new Chief Executive Officer Georges Elhedery’s push to eliminate overlapping roles across the company and shed ...