HSBC Upgrades Unity Software, Citing Strength in Game Engine and AI Ad Model
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HSBC cuts jobs, delays net-zero targets in cost-saving push
HSBC is cutting jobs and delaying its net-zero emissions targets as part of a broader effort to reduce costs. The bank aims ...
HSBC Is a Global Bank With Largest Operations in Hong Kong and the UK
HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly on ...
HSBC sees $1.8 billion in revamp related costs as new CEO looks to boost returns
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 bank eight per cent warning with UK to 'bear the brunt'
HSBC warned that the UK head office is likely to bear the brunt of the cuts, but declined to give details of how many jobs ...
HSBC Posts Quarterly Profit; Plans $2 Billion Buyback, $1.5 Billion in Cost Cuts — 2nd Update
HSBC said it intends to begin a share repurchase of up to $2.0 billion soon, following three buyback programs for 2024 totaling $9 billion. The bank said it plans to reduce its cost base by $1.5 ...
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HSBC targets $1.5 bn in annual cost savings after revamp
Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and ...