HSBC unveils cost cuts in drive to create a 'simple, more agile, focused bank'
The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...
HSBC Dials Back Climate Ambitions, Following U.S. Banks
Another major bank is walking back climate commitments made when ESG was all the rage. HSBC on Wednesday delayed by two decades a goal announced during the pandemic to eliminate greenhouse-gas ...