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 on Wednesday said it aims to save $1.8 billion in costs by the end of next year, as its new CEO revamps the bank to ...

HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and ...

HSBC , Europe's biggest bank by assets, said on Wednesday it was pushing back its emissions-reduction goal to mid-century, as ...

The UK’s largest bank has announced it will begin a round of global job cuts as part of a cost-cutting initiative aimed at ...

HONG KONG -- HSBC intends to redeploy $1.5 billion from "nonstrategic" areas to bet on growing wealth centers including Hong ...

HSBC is set to shed even more jobs as part of sweeping cost-cutting plans, as it undergoes a transformation guided by new ...

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 ...

The bank's pre-tax profit for 2024 rose 6.6 per cent to US$32.3 billion, higher than analysts' forecast. Read more at ...

HSBC ups profits but has slight shortfalls in revenue in 2024 full-year results amid company restructure beginning Jan 1 ...

Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald ...

Banking giant HSBC on Wednesday revealed that Hong Kong employees whose roles are related to its mergers and acquisitions ...