HSBC to save $1.8 billion over two years under new CEO
HSBC HSBA.L 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 ...
HSBC targets $1.5 bn in annual cost savings after revamp
Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and ...
HSBC annual profit jumps 6.5%, marginally misses estimates
Europe’s largest lender HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts’ estimates.  For the full year, HSBC reported revenue of $65.85 billion, down ...
HSBC 2024 profit beats estimates; announces $2 billion share buyback
HSBC reported a 6.6% rise in annual profit on Wednesday, beating market expectations, as income withstood the impact of ...
Saks Closes Neiman Marcus Headquarters And Tells Vendors Payments Will Be Late
Saks Global's challenges grow as it moves to cut costs and hold payments to vendors. Even more challenging, Saks trails in foot traffic to luxury department stores.
The Future Of Payments: Fintech 50 2025
From processing giant Stripe to DailyPay, which helps hourly workers get their money faster, 11 payment companies made our ...