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There exists, in almost every Indian family abroad, a mythical uncle or aunty who embodies what we often whisper about ...

Per the report, people affected by the move included Steven Major, HSBC’s Dubai-based global head of fixed income research. Most of these cuts were in Europe, according to the people who talked ...

He is based in London. Sankey joined HSBC in mid-2019 as global head of ECM following 15 years at Deutsche Bank. His move to HSBC came just before Deutsche slashed thousands of jobs as it pulled out ...

The impaired loans reached 6.1 per cent ... Parent HSBC last year launched a global overhaul and began trimming its workforce to remove duplicated roles to bring down costs. HSBC said on Wednesday it ...

Similar to HSBC, many other global banks are restructuring their business models amid inflation, increased interest rates and regulatory overhauls. Last year, Barclays PLC BCS initiated job cuts ...

HSBC Holdings plc HSBC plans to reduce its workforce in France by 348 jobs, accounting for approximately 10% of its staff in the country. This move is part of the overall cost-cutting strategy by CEO ...

HSBC’s quarterly revenue also decreased by 15% compared with quarter one of 2024, with the company bringing in 17.6 billion dollars ... greater exposure to global trade disruption given its ...

An Inquirer poll of 14 economists yielded a median estimate of 2.6 percent for ... the official target band of 2 to 4 percent. Aris Dacanay, Asean economist at HSBC Global Research, said the ...

HSBC said it will make thousands of job cuts and retrench in more areas of investment banking ... HSBC plans to keep M&A and ECM activities in Asia and the Middle East and continue global debt capital ...

HSBC announces global job cuts as part of a $1.5 billion cost-reduction plan by 2026 The group will eliminate positions that have become redundant following its recent restructuring, which ...