The bank said it would restructure to focus on high-return areas like Hong Kong and India, as well as exit low-profitability ...

Investment banks, more than any part of a bank, are people businesses in which the assets have legs and can walk out the door ...

HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its ...

HSBC Holdings' high-profile Chairman Mark Tucker will return to the insurance sector as chair of Hong Kong-based AIA Group, ...

Spain’s Banco Bilbao Vizcaya Argentaria SA is running short of office space in the UK for its growing corporate and ...

HSBC’s private banking arm has gone overweight US stocks and neutral on those in Europe, flipping its view from earlier this ...

Europe's biggest bank HSBC will inject $4 billion into its private credit funds, amid a wider push by banks into the booming ...

With eight years of experience as a financial journalist and editor and a degree in economics, Elizabeth Aldrich has worked on thousands of articles within the realm of banking, economics, credit ...

HSBC Holdings Plc is exiting a business that serves small and midsize US companies, as it continues an overhaul aimed at ...

HSBC Global Private Banking has shifted its investment stance to overweight on US equities, attributing the move to the ...

Earlier in the week, HSBC laid off 40 employees in the division, which is known as business banking. HSBC also announced the decision to the business bank’s roughly 4,400 clients, firms that ...

Does Santander's aggressive business transformation strategy steal the spotlight from HSBC's bet on the Asia pivot plan?