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

HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its ...

HSBC is disbanding a division that serves small and medium-size companies in the U.S., part of a push to focus on markets ...

Since Trump announced his "Liberation Day" tariffs in April, US businesses have been scrambling to address the cost of the increased levies on goods.

HSBC management simply defaults to statements ... using current business systems under service agreements with HSBC just as it has successfully done with Hang Seng Bank for years.

As part of the changes, the London-based bank is combining macro strategy across asset classes including foreign exchange and ...

HSBC has reportedly announced the dismissal of more than 25 analysts as part of a restructuring initiative aimed at enhancing ...

HSBC’s biggest shareholder has called on the bank to create a separately listed Asian business headquartered ... a spokesperson for the bank said in a statement. “We remain clear that our ...

HSBC said on Thursday that Chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at Europe's biggest bank presiding over its dramatic shrinking and navigating ...

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 ...