HSBC is set to shut down its U.S. business banking portfolio as it refocuses on operations in Asia and the Middle East.

Does Santander's aggressive business transformation strategy steal the spotlight from HSBC's bet on the Asia pivot plan?

FirstRand has received regulatory approval to acquire the South African client base, employees and certain banking assets and ...

HSBC Holdings Plc is exiting a business that serves small and midsize US companies, as it continues an overhaul aimed at ...

FirstRand has confirmed it has received the necessary regulatory approval to take over the clients from HSBC South Africa, ...

HSBC Chair Tucker to return to Asia insurer AIA after overseeing bank overhaul HSBC Holdings' high-profile Chairman Mark Tucker will return to the insurance sector as chair of Hong Kong-based AIA ...

As part of the changes, the London-based bank is combining macro strategy across asset classes including foreign exchange and ...

Investment banks, more than any part of a bank, are people businesses in which the assets have legs and can walk out the door ...

The biggest UK lenders are pushing regulators to allow them each to use as much as £35 billion ($47 billion) of their retail ...

HSBC Holdings PLC said on Friday that Brendan Nelson, chair of its group audit committee, will serve as interim group ...

HSBC Holdings Plc’s group chairman Mark Tucker is leaving Europe’s largest lender to take on a non-executive chairman role at ...