Hong Kong-based lender Hang Seng Bank said on Thursday that it was restructuring its business and streamlining duplicate ...

When Georges Elhedery took the helm at HSBC, he wasted no time making his mark on the firm. Elhedery plotted a “simpler, more ...

HSBC's headquarters in Canary Wharf, London. The bank is one of the largest in Europe. (Betty Laura Zapata/Bloomberg News) Two of Europe’s largest banks set aside more money for soured loans ...

HONG KONG, - HSBC said on Tuesday that its stake in Bank of Communications will drop ... be recognised in the Asia-focused lender's income statement, subject to the timing of completion, foreign ...

HSBC is a profitable bank, so changing ownership isn’t creating any uncertainty in the local economy,” Demarco added. BOV’s statement marked the latest twist in a saga that is expected to be ...

Hang Seng Bank ... group HSBC, "reviews and restructures its business from time to time" in response to "the ever-changing market condition and diversified client needs", it said in a statement.