Is HSBC's $1.5B cost-cutting plan and Asia growth bet enough to make the stock worth owning now? Let's find out.

HSBC is set to shut down its U.S. business banking portfolio as it refocuses on operations in Asia and the Middle East.

The sale is expected to lead to a $1 billion ... group is coming good on its plans to streamline.” Meanwhile, HSBC’s China business is also hurting its earnings. The bank reported a big ...

HSBC Holdings (HSBA.L), opens new tab is currently exploring a sale of its South Africa businesses, Bloomberg News reported on Tuesday, as the once globe-spanning company continues to move its ...

HSBC's exit from Russia has been on the cards since February, when Russian President Vladimir Putin gave approval for the asset sale to privately ... ownership of the business to the Russian ...

Its retail and business banking units in Mauritius were acquired by Absa Group last month. News of a potential sale points to the continuation of HSBC’s strategy to gradually reduce its global ...

HSBC Holdings Plc is considering a potential sale of its French life insurance business, about a year after handing over its local retail banking network to Cerberus Capital Management ...

Approximately 120 staff members and the assets and customers of HSBC Germany's private banking business would be transferred to BNP Paribas as part of the sale. Michael Schleef, CEO of HSBC ...

Customer deposits of €7.1bn at 31 December 2024 were down from €9.5bn in 2023, as balances related to the private banking business in Germany were classified as held for sale 8. HSBC ...