HSBC’s private banking arm has gone overweight US stocks and neutral on those in Europe, flipping its view from earlier this year after a breezy round of earnings from US tech companies.

HSBC is disbanding a division that serves small and medium-size companies in the U.S., part of a push to focus on markets where it has an edge.

(Reuters) -HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus to Asia and Middle East markets. "Following a strategic ...

HSBC is an international bank with a history dating back more than 150 years. It was founded in Hong Kong in 1865, and its current operations span the globe, including a presence in the U.S. The ...

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HSBC has operations in many jurisdictions around the world, including some where it is a secondary player and doesn't enjoy the same advantages that it does in core markets like Hong Kong.

The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the end of 2026.

HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday, accelerating a shift to Asia in its biggest retrenchment from investment banking ...

According to a leaked internal staff memo sent today, HSBC is scaling back its investment banking operations in the UK, Europe, and the Americas as part of CEO Georges Elhedery’s restructuring ...

HSBC announced at Sibos on Wednesday that it is expanding the trade financing solutions it offers to businesses trading on e-commerce platforms in mainland China and Hong Kong, following the ...