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LONDON, Jan 23 (Reuters) - HSBC's (HSBA.L), opens new tab decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with the matter said ...
HSBC has appointed its Chief Financial Officer Georges Elhedery as its next CEO, the bank said Wednesday. Lebanon-born Elhedery, 50, who becomes the bank’s third chief executive in less than ...
British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses — and denied giving them their annual payout, according to a report.
HSBC’s financials have remained reasonably strong in recent quarters. In Q3 2024, pre-tax profits rose to $8.5 billion, up about 6% from the previous year, while HSBC revenues increased 5% year ...
(Reuters) - HSBC on Tuesday became the latest global brokerage to slash its year-end target for the S&P 500 index below the 6000 mark, weighed down by slower U.S. economic growth and tariff ...
HSBC (HSBA.L) posted a drop in pre-tax profits for the first quarter, but announced a share buyback programme of up to $3bn (£2.23bn). In results released on Tuesday morning, the bank said profits ...
HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the U.K. and the U.S. amid a broader overhaul of its investment banking operations. "As part of our ongoing ...