The bank in its statement said it would cuts costs by an annualized $1.5 billion by the end of 2026. HSBC forecast banking net interest income of $42 billion in 2025 compared with $43.7 billion in ...

HONG KONG, Feb 19 (Reuters) - HSBC (HSBA.L), opens new tab 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 long-term costs ...

HSBC posted annual profit on Wednesday ... business line or balance sheet,” Elhedery said in the bank’s earnings statement. “This will enhance the way we actively and dynamically manage ...

All ratings are determined solely by our editorial team. HSBC is a global banking and financial services organization that supports around 39 million customers worldwide. Its products are ...

In the second quarter of last year, RBC closed its deal to takeover HSBC Bank Canada, which was Canada’s seventh-largest ...