News of the plan ... the business and generating the fees then it's easy to lose money." HSBC shares were little changed after the news, down 0.2% to 822 pence at 1146 GMT, valuing the bank ...

Wholegood owed creditors more than £7m when founder Carl Saxton-Pizzie saved the business in a pre-pack administration just ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC will shut key parts of its investment banking business in the UK, Europe and the Americas as part of ...

LONDON (Reuters) -HSBC plans to ... the previous year. The bank's market share in the fees pot reached 1.5%, mostly thanks to the revenues from its debt financing business, the data show.

The decision was described by HSBC as part of its ongoing efforts to simplify its business ... Elhedery’s wider plan to reshape HSBC, merging its commercial banking and global banking divisions ...

“The percentage of Hong Kong entrepreneurs without a business succession plan is significantly higher than the global average of 52 per cent,” says Christina Tung, HSBC Global Private Banking ...

LONDON -- U.K.-based financial services company HSBC Holdings is forging ahead with a restructuring plan that will downsize its investment banking business in Europe and the Americas and ...

In California, HSI conducts insurance business as HSBC ... is also available at HSBC’s Wealth Centers. For U.S. customers, HSBC Bank is geared toward customers who plan to keep $75,000 or ...

we are finalising a review of our Investment Banking business,” the spokesperson added. HSBC’s share price has fallen 0.7 per cent on the news. Elhedery’s plan to streamline HSBC has already ...

StockNews.com downgraded shares of TE Connectivity (NYSE:TEL – Free Report) from a strong-buy rating to a buy rating in a report released on Tuesday morning. Several other brokerages also recently ...

Just one year into the role, Irvine would be given a rails run at HSBC, giving him a business with more ... including a plan to dive his bank into an “eastern” and “western” operation.