News

HSBC’s private banking arm has gone overweight US stocks and neutral on those in Europe, flipping its view from earlier this ...
HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its ...
HSBC’s top brass defended their strategy Monday to frustrated shareholders in the lender’s largest market, as Europe’s biggest bank continued to face calls to be split up. At an informal ...
is suing British banking giant HSBC for allegedly illegally hiring more than 40 SVB employees to launch a venture banking business—which First Citizens claims should entitle it to $1 billion in ...
LONDON (Reuters) -HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday, accelerating a shift to Asia in its biggest retrenchment from ...
NEW YORK (Reuters) -HSBC Holdings plc's U.S. unit has hired dozens of Silicon Valley Bank bankers led by David Sabow, who most recently led the technology and healthcare banking segment for the ...
HSBC's Hong Kong headquarters. The global bank plans to split off its Hong Kong and U.K. businesses. (Chan Long Hei/Bloomberg News) HSBC said a plan to divide its Eastern and Western operations ...
Europe's biggest bank, HSBC, has posted an almost 80% jump in its pre-tax profit which rose to $30.3bn (£24bn) in 2023, fuelled by high interest rates. It comes after central banks around the ...
HSBC Holdings Plc is weighing combining its commercial and investment bank divisions as part of new Chief Executive Officer Georges Elhedery’s push to eliminate overlapping roles across the ...