HSBC: FTSE 100 giant beats profit expectations and pledges more cuts
HSBC surpassed analyst profit expectations in its annual results as its new boss reiterated its focus on slashing costs. The ...
HSBC to save $1.8 billion over two years under new CEO
HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of ...
HSBC bonus pool flat in 2024 amid cost-cut drive; headcount falls 3%
HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and ...
HSBC to Delay Climate Targets to 2050 as Green Progress Slows
HSBC Holdings Plc delayed a deadline to meet some key climate targets by two decades to 2050 and will review other goals, ...
HSBC announces share buyback of up to $2 billion as annual profit jumps 6.5%
HSBC said it will repurchase up to $2 billion in shares, expected to be completed by the end of their first quarter of 2025.