HSBC has put some staff on short-term “gig economy” contracts as part of an aggressive cost-cutting drive overseen by its new ...

Elhedery said that the bank was looking to invest more to bolster its wealth business, especially in Asia. Profit in global banking and markets rose nearly 27% to $7.1 billion. HSBC also said it ...

our intention is to move to a more competitive, scalable, financing-led model,” Michael ... not winning the business and generating the fees then its easy to lose money.” HSBC shares were ...