HSBC to redeploy US$1.5 billion to Hong Kong, Asia from ‘low-return’ markets as CEO cuts costs
Hong Kong’s biggest bank announced US$2 billion in a share buy-back programme and 87 US cents per share in dividend.
Cyprus Mail on MSN2d
HSBC shareholders support restructuring, aiming for higher returns
Investors in HSBC (HSBA.L) are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital markets ...
Business Times1d
HSBC unveils share buyback, cost cut targets as new CEO looks to boost returns
HSBC posted an annual profit on Wednesday (Feb 19) that beat estimates, helped by increased revenue in wealth and markets ...
HSBC bonus pool flat in 2024 amid cost-cut drive; headcount falls 3%
HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and ...
Zawya17h
HSBC to cut thousands of jobs to save $1.5bln: IFR
CEO Georges Elhedery has shaken up structure and leadership since taking over in September to focus on areas of strength ...
Cyprus Mail on MSN18h
HSBC eyes $1.8 billion in cost cuts by 2026 as new CEO looks to boost returns
HSBC on Wednesday said it aims to save $1.8 billion in costs by the end of next year, as its new CEO revamps the bank to boost profit while navigating mixed interest rate policies and profound ...
Arise3d
HSBC Investors Back Investment Bank Cuts Amid Shifting Market Priorities
HSBC investors have backed CEO George Elhedery’s investment bank cuts as focus shifts to Asia amid geopolitical and market pressures.
香港電台網站1d
HSBC to shed more jobs to cut costs
Banking giant HSBC on Wednesday revealed that Hong Kong employees whose roles are related to its mergers and acquisitions ...
Investors back HSBC retrenchment plans
LONDON: Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as US President ...
HSBC Holdings (HSBA) Receives a Hold from RBC Capital
RBC Capital analyst Benjamin Toms maintained a Hold rating on HSBC Holdings (HSBA – Research Report) today and set a price target of £9.00. The ...