Former HSBC CEO Noel Quinn will join Swiss wealth manager Julius Baer Group as its next chairman in May, pending shareholder ...
said the bank’s wealth management business in China is “bracing for uncertainty” with decisions pending on operational changes. Sources told Reuters in November that HSBC plans to scale down ...
HONG KONG, Feb 19 (Reuters) - HSBC (HSBA.L), opens new tab 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 ...
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 ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC is preparing to unveil $1.5bn of annual cost savings from chief executive Georges Elhedery’s radical ...
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 ...