HSBC Holdings’ HSBC U.K. division, HSBC UK Bank plc, has announced the sale of its private client trust business – HSBC Trust ...

HSBC announced the business simplifying plan in October 2024 and realigned its business segments as part of this effort. Further, in sync with its effort, the company announced the winding down of ...

HSBC Holdings Plc implements short-term retention agreements for investment bankers as part of major restructuring led by new ...

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HSBC HSBA0.41%increase; green up pointing triangle Holdings said it plans a new share buyback and cost cuts as its chief executive concentrates on streamlining the lender. Chief Executive Georges ...

HSBC Holdings PLC HSBC has agreed to sell its retail banking operations in Bahrain to the Bank of Bahrain and Kuwait (BBK) in light of the ongoing global restructuring plan. The deal excludes its ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC has unveiled a goal of saving $300mn in 2025 and cutting $1.5bn from its annual cost base by the end ...

The HSBC Value Fund Direct Plan Growth Option has an AUM of 12848.97 crores & has delivered CAGR of 24.88% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 0.79%.

Details of the staff cuts came as HSBC also revealed in its annual report that it plans to increase Mr Elhedery’s total potential annual pay package to £15.3 million for 2025 – or even £19.8 ...