The redundancies will be staggered over several weeks and months, based on performance and to streamline operations.

Stock has lost 37 per cent, or about US$822 million in market value, since late November as a management shake-up failed to ...

RBC, Jefferies and BNP Paribas are well placed to make gains as HSBC retrenches after Deutsche Numis shows momentum ...

HSBC is quitting M&A advisory and equity capital market activities in the UK, the rest of Europe and the Americas in a major ...

HSBC will keep its debt capital markets, leveraged finance ... Exiting the businesses in the UK, Europe and the US would be “subject to local legal requirements”, it added. “No one knew at all [that ...

ATLANTA, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Monarch Private Capital, a nationally recognized tax-advantaged investment firm, proudly announces a $275 million bond issuance to finance affordable housing ...

A South Korean court on Tuesday acquitted HSBC on charges of violating the country's short-selling rules, a court official ...

According to LSEG data, HSBC earned the most investment banking fees in MENA during 2024, a total of $107.3mln, or a 7% share ...

HONG KONG – HSBC Holdings will wind down some of its investment banking operations in Europe, Britain and the Americas as part of chief executive Georges Elhedery’s ongoing restructuring.

The news comes as HSBC CEO Georges Elhedery ... will begin to wind-down our M&A and equity capital markets activities in the UK, Europe, and the US, subject to local legal requirements." ...