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HSBC announced it had tripled its quarterly profit Tuesday, blowing past expectations as it benefited from high interest rates around the world. Europe’s biggest bank recorded a whopping $12.9 ...
HSBC’s biggest shareholder has called on the bank to create a separately listed Asian business headquartered in Hong Kong to fix what it sees as a lack of competitiveness. “It is necessary for ...
British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses — and denied giving them their annual payout, according to a report.
Europe's largest lender HSBC's first-quarter results on Tuesday beat estimates on the back of robust performance of its wealth business as well as strength in its corporate and institutional ...
HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the U.K. and the U.S. amid a broader overhaul of its investment banking operations. "As part of our ongoing ...
First Citizens BancShares, which acquired the failed Silicon Valley Bank after the federal government seized the firm in March, is suing British banking giant HSBC for allegedly illegally hiring ...