HSBC’s stock (NYSE: HSBC) fared well this year, rising by about 11% since early January. This compares to rival Barclays (NYSE: BCS) stock which has gained almost 15% over the same period and ...

HONG KONG, Feb 19 (Reuters) - HSBC (HSBA.L), opens new tab expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut long-term costs ...

HSBC posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of the ...

An icon in the shape of a lightning bolt. Impact Link HSBC unveiled further details of its cost-cutting plans alongside its annual results on Wednesday. The bank said it aimed to save $300 million ...

LONDON/HONG KONG, Feb 17 (Reuters) - Investors in HSBC (HSBA.L), opens new tab are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald Trump's ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC is preparing to unveil $1.5bn of annual cost savings from chief executive Georges Elhedery’s radical ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC has unveiled a goal of saving $300mn in 2025 and cutting $1.5bn from its annual cost base by the end ...