HSBC did not say what the projected cost savings might be or indicate how many jobs would be affected, but more details could emerge when the bank reports third-quarter results on Oct. 29.

It also integrates the geographic region of the group’s Western markets – comprising its UK non-ring-fenced bank, Europe, and the Americas – which HSBC highlighted as a predominantly wholesale banking ...

HSBC Overhauls Bank, Seeking to Balance China and the West. The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its sprawling ...

HSBC Names New Investment Bank Leadership as Shake-Up Continues — Financial News Provided by Dow Jones Dec 5, 2024, 1:47:00 PM. By Paul Clarke . Of Financial News .