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

HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring ...

HSBC Holdings PLC (HSBC) (GB:HSBA) is reportedly poised to save $1.5 billion as CEO Georges Elhedery accelerates his bold ...

HSBC share price remains in a strong bull market and is hovering at its all-time high as investors watch the ongoing job cuts ...

Price targets for German defense firm Rheinmetall AG are climbing, with HSBC Holdings Plc raising the bar to a new record in ...

Georges Elhedery, the boss of HSBC, will reportedly kick off more job cuts next week as he reveals his radical overhaul of ...

Some cuts are already under way, but wider layoffs will begin as early as Feb 17, sources said. Read more at straitstimes.com ...

HSBC has been scaling back its worldwide footprint, exiting dozens of low-returning consumer banking activities, from France ...

HSBC shares dip 0.25% premarket as it prepares to unveil $1.5 billion in cost savings and details of CEO-led restructuring on February 19.

HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring initiatives on Feb. 19, the Financial Times reported on Thursday.

The latest phase of cuts will start in Asia, but will ultimately affect employees globally, according to sources, who asked ...

Today could be the last day at HSBC for some investment bankers at Europe’s largest lender. Chief Executive Officer Georges ...