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 Group's first global training center project, located in Nansha district, is entering its final phase of internal decoration and is set to open soon for official use. The center is expected to ...

The London-based bank’s chief executive is concentrating on streamlining the lender’s businesses and reducing costs.

Eight branches face the chop in March as the bank reacts to increased reliance on online and mobile banking service. Halifax, ...

HSBC Holdings reports 8% drop in revenue. Plans to target cost reductions and reallocate funds for high-return opportunities.

HSBC’s headcount fell 3 per cent last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and initiated sweeping restructuring of the Asia-focused lender, showed its ...

HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the ...

HSBC, the UK’s largest bank, has announced a pre-tax profit of $32.3 billion (£25.2 billion) for 2024, up from $30.3 billion (£24.1 billion) in 2023, according to its latest financial results.

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

Banking giant HSBC has revealed it is kicking off a round of jobs cuts in the UK and worldwide as it seeks to slash costs by 1.5 billion US dollars (£1.2 billion) by the end of 2026.

Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and ...

HSBC has appointed Julian Wentzel as its new group chief sustainability officer. Wentzel took over the role at start of the ...