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

When HSBC announced the shrinking of its ECM and M&A businesses it didn’t mention research and many at the bank suggested it ...

After shutting its retail banking business in the United States in 2021, HSBC Holdings PLC HSBC is now set to close its ...

HSBC has evolved ... returns since the global financial crisis. In 2018, HSBC ringfenced its retail operations in the UK from its London-based institutional business into Birmingham-based HSBC ...

Profit in global banking and markets rose nearly ... of $0.21 a share for the disposal of its Canadian business. Elhedery, a career HSBC insider promoted from the CFO role, has moved faster ...

The study, conducted by Ipsos UK on behalf of HSBC Global Private Banking across ten markets—including the U.S., UK, Switzerland, China, and UAE—surveyed 1,798 HNW and UHNW business owners who ...

Net interest income for Q3 2024 fell to $7.6 billion, down about $1.6 billion from the prior year, partly due to business disposals. In contrast, elevated interest rates in 2023 enabled HSBC to ...

HSBC Holdings HSBC has signed an agreement to sell its private banking business in Germany to BNP Paribas BNPQY. The deal's financial terms, expected to close in the second half of 2025, have not ...

LONDON, Sept 3 (Reuters) - Allegra Berman, global head of institutional sales at HSBC, is leaving the bank at the end of September, according to an internal memo seen by Reuters on Tuesday.

HSBC has evolved ... returns since the global financial crisis. In 2018, HSBC ringfenced its retail operations in the UK from its London-based institutional business into Birmingham-based HSBC ...