HSBC's management just scored a big victory in a yearlong showdown with one of its top shareholders over the future of the bank. On Friday, the the banking giant's shareholders overwhelmingly ...

BNP Paribas agreed with Europe's biggest bank HSBC to acquire the custody and depositary bank business of HSBC Continental ...

Investment banking accounted for just 6 per cent of the total global banking and markets unit’s revenue in the first half of this year, or 1.5 per cent of HSBC’s $37.3bn total global revenue ...

HSBC has fought off an attempt by its biggest shareholder to break up the bank during a frequently tense annual general meeting. Chinese insurer Ping An has been trying for more than a year to ...

HSBC Global Private Banking has shifted its investment stance to overweight on US equities, attributing the move to the accelerating adoption of artificial intelligence (AI) across various sectors ...

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.

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 investment banking ...

HSBC Holdings plc HSBC and Banco Santander S.A. SAN are two of Europe’s leading multinational banks, with an extensive global footprint. While HSBC is intensifying its pivot toward Asia (seeking ...

HSBC has seen its quarterly profits jump by 10% as the UK-based banking giant embarks on one of the biggest shakeups in its 159-year history.. The firm said its pre-tax profits rose to $8.5bn (£6 ...

HSBC is simplifying the structure of its investment bank by merging sector teams. The lender’s executives are combining several industry coverage groups in its global banking business to allow ...

HSBC Holdings Plc has written off its stake in software company Monese Ltd., two years after investing $35 million in the UK fintech that had once been touted as a potential “unicorn.” ...

Nuno Matos, HSBC’s head of wealth and personal banking who had been a leading contender to become chief executive, will leave the bank in a broader management shake-up as Georges Elhedery ...