scmp.com1mon
HSBC to redeploy US$1.5 billion to Hong Kong, Asia from ‘low-return’ markets as CEO cuts costs
HSBC Holdings said it would invest more resources in Hong Kong’s wealth-management products and services in the coming years, as the city’s biggest commercial bank restructures to cut costs ...
Reuters1mon
HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs, source says
HONG KONG/SYDNEY, Feb 18 (Reuters) - HSBC (HSBA.L), opens new tab, has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as part of a ...
Bloomberg L.P.1mon
HSBC’s Hang Seng Bank Posts Surge in HK Property Impairments
Hang Seng Bank Ltd., a Hong Kong lender controlled by HSBC Holdings Plc, recorded a surge in credit impairment on commercial real estate as the city’s economic struggles are starting to spill ...
HSBC hit by fresh Hong Kong row: Bank accused of 'shrugging its shoulders' in the face of Chinese oppression
HSBC has been accused of ‘shrugging its shoulders ... of pension savings from British nationals who have fled Hong Kong. The ...
scmp.com4y
HSBC’s iconic lion statues back on display after work done to undo damage during Hong Kong protests
Two Hong Kong icons today made their first public appearance in more than nine months after they were damaged during last year’s protests. HSBC’s famous lion sculptures, known as Stephen and ...
The Star1mon
HSBC cuts 40 dealmakers in Hong Kong as part of revamp to cut costs, source says
HSBC declined to comment on the latest round of job cuts in Hong Kong. IFR first reported the layoffs on Monday. Hong Kong-listed shares of HSBC were up 1.8% on Tuesday, outperforming a 1.6% gain ...
Yahoo Finance1mon
HSBC to redeploy US$1.5 billion to Hong Kong, Asia from 'low-return' markets as CEO cuts costs
The 160-year-old bank plans to redeploy US$1.5 billion from "low-return" markets to Hong Kong and other parts of Asia, HSBC's CEO Georges Elhedery said on Wednesday after unveiling a 2 per cent ...