This compares to rival Barclays (NYSE: BCS) stock, which gained almost 15% over the same period, and JP Morgan (NYSE: JPM) , ...

Good morning. HSBC is putting some investment bankers on short-term contracts. The UK and France are scrambling to bolster ...

HSBC Holdings reports 8% drop in revenue. Plans to target cost reductions and reallocate funds for high-return opportunities.

HSBC plans to redeploy US$1.5 billion from "low-return" markets to Hong Kong and other parts of Asia, CEO Georges Elhedery said last Wednesday after unveiling a 2 per cent net profit growth for 2024.

HSBC Holdings’ HSBC U.K. division, HSBC UK Bank plc, has announced the sale of its private client trust business – HSBC Trust ...

HSBC Holdings Plc implements short-term retention agreements for investment bankers as part of major restructuring led by new ...

HSBC Holdings Plc is kicking off a fresh round of job cuts at its investment bank as new Chief Executive Officer Georges Elhedery continues his overhaul of Europe’s biggest lender, according to ...

HSBC HSBA-0.32%decrease; red down pointing triangle Holdings said it plans a new share buyback and cost cuts as its chief executive concentrates on streamlining the lender. Chief Executive Georges ...

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Details of the staff cuts came as HSBC also revealed in its annual report that it plans to increase Mr Elhedery’s total potential annual pay package to £15.3 million for 2025 – or even £19.8 ...