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 ditches 2030 net-zero emissions target
HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the ...
Channel NewsAsia Singapore5h
HSBC bonus pool flat in 2024 amid cost-cut drive; headcount falls 3%
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 ...
HSBC announces share buyback of up to $2 billion as annual profit jumps 6.5%
Europe's largest lender HSBC on Wednesday announced a share buyback of up to $2 billion as its annual pre-tax profit rose 6.5 ...
NBC Los Angeles8h
HSBC annual profit jumps 6.5%, marginally misses estimates
Europe’s largest lender HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts’ ...
Channel NewsAsia Singapore21h
HSBC cuts 40 dealmakers in Hong Kong as part of revamp to cut costs, source says
HSBC has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as ...