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

The bank will close a division that serves over 4,000 clients HSBC will exit a business that serves small and midsize US companies as part of its strategic overhaul to simplify operations and focus on ...

HSBC Holdings (HSBA.L), opens new tab is currently exploring a sale of its South Africa businesses, Bloomberg News reported on Tuesday, as the once globe-spanning company continues to move its ...

Its retail and business banking units in Mauritius were acquired by Absa Group last month. News of a potential sale points to the continuation of HSBC’s strategy to gradually reduce its global ...

HSBC Holdings Plc is considering a potential sale of its French life insurance business, about a year after handing over its local retail banking network to Cerberus Capital Management ...

HSBC is considering launching a venture debt fund in India, potentially becoming the first commercial bank to do so. This ...

LONDON (Reuters) - HSBC has launched a strategic review of its Malta business, the British bank said in a stock exchange filing on the local bourse on Wednesday, in a process which often leads to the ...

Approximately 120 staff members and the assets and customers of HSBC Germany's private banking business would be transferred to BNP Paribas as part of the sale. Michael Schleef, CEO of HSBC ...