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 ...

HSBC recently made a major announcement that will impact account holders and investors. The company is winding down some of its equities businesses in Europe and the Americas. The bank is also ...

HSBC is pulling back on Wall Street. The London-based bank plans to stop advising companies on doing deals and going public in the U.S., the U.K. and continental Europe, according to a memo sent ...

HSBC (NYSE:HSBC) is set to wind down its mergers and acquisitions and equity capital markets businesses in Europe, the UK, and the U.S. as part of a significant restructuring strategy, Reuters ...