Some cuts are already under way, but wider layoffs will begin as early as Feb 17, sources said. Read more at straitstimes.com ...

The redundancies will be staggered over several weeks and months, based on performance and to streamline operations.

The UK government is reducing its stake in NatWest, formerly RBS, following its £46bn bailout during the 2008 financial ...

Today could be the last day at HSBC for some investment bankers at Europe’s largest lender. Chief Executive Officer Georges ...

HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring ...

Citing two people familiar with the matter, the FT reported that the savings will largely come from HSBC's decision to ...

HSBC announced two weeks ago that it would quit M&A advisory and equity capital market activities in the UK, the rest of ...

HSBC Holdings PLC (HSBC) (GB:HSBA) is reportedly poised to save $1.5 billion as CEO Georges Elhedery accelerates his bold ...

HSBC services have been restored following a two-hour outage that impacted both online and mobile banking services in the UK.

HSBC’s online banking has gone down leaving customers unable to access their accounts. More than 1,000 customers have ...

The apparent outage is the latest to hit major banks in recent weeks, with Barclays, Lloyds and Halifax all recently also ...

The latest phase of cuts will start in Asia, but will ultimately affect employees globally, according to sources, who asked ...