HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly on ...
The London-based bank’s chief executive is concentrating on streamlining the lender’s businesses and reducing costs.
Boss Georges Elhedery (pictured) appeared to play down concerns over the blocking of pension savings from UK nationals who ...
Eight branches face the chop in March as the bank reacts to increased reliance on online and mobile banking service. Halifax, ...
Morgan Stanley raised the firm’s price target on HSBC (HSBC) to 942 GBp from 871 GBp and keeps an Equal Weight rating on the shares.Discover ...
HSBC's headcount fell 3 per cent last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and ...
HSBC 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 ...
The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...
HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the ...
HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the ...
Europe's largest lender HSBC on Wednesday announced a share buyback of up to $2 billion as its annual pre-tax profit rose 6.5 ...
Europe’s largest lender HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts’ ...