HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the ...

HSBC has postponed its net-zero carbon emissions target to 2050, citing economic challenges. Originally set for 2030, the ...

Welcome back to the Money blog. HSBC has confirmed plans to cut jobs in the UK. In other news, the founder of JD Wetherspoon ...

The UK’s largest bank has announced it will begin a round of global job cuts as part of a cost-cutting initiative aimed at ...

Chief Executive Georges Elhedery said HSBC will begin a new round of share repurchases of up to $2 billion following three buyback programs for 2024 totaling $9 billion. The bank also plans to reduce ...

HSBC 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 ...

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 ...

LONDON (Reuters) - HSBC, Europe's biggest bank by assets, said on Wednesday it was pushing back its emissions-reduction goal ...

HSBC Holdings said it would invest more resources in Hong Kong's wealth-management products and services in the coming years, as the city's biggest commercial bank restructures to cut costs and grow ...

HSBC is set to shed even more jobs as part of sweeping cost-cutting plans, as it undergoes a transformation guided by new ...

HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and ...

The London-based bank reported profit before tax for 2024 of $32.3 billion. That compared with $30.3 billion a year earlier ...