HSBC Holdings Plc gave country heads in some smaller Asian markets additional responsibilities as the lender streamlines and removes management layers.

The downsizing will be done through layoffs, natural attrition, and reassignments within HSBC's operations in China.

Japan's Nomura Holdings has appointed Ong Kin Yok as managing director and team head for Malaysia and Singapore of its ...

KUALA LUMPUR: HSBC in Malaysia launched its first environmental, social and governance (ESG) Islamic structured product in the country. The landmark ringgit principal protected participation ...

HSBC posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of the ...

HONG KONG (Reuters) - 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 long-term costs and boost profits while ...

HSBC Holdings Plc is kicking off a fresh round of job cuts at its investment bank as new Chief Executive Officer Georges Elhedery continues his overhaul of Europe’s biggest lender, according to ...

Yun Liu is ASEAN economist at HSBC. Malaysia has been gaining attention on the international stage. Indeed, it's not hard to spot the optimism. To name just a few positives, the ringgit was the ...

LONDON/HONG KONG (Reuters) -- Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald Trump's deregulatory agenda fuels hopes for a ...