HSBC unveils share buyback, cost cut targets as new CEO looks to boost returns
HSBC posted annual profit on Wednesday (Feb 19) 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 Asia-focused bank to boost returns.
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 ...
Once a sprawling bank spanning more than 100 countries, HSBC has spent the last decade slowly shrinking its global footprint ...
HSBC is set to shed even more jobs as part of sweeping cost-cutting plans, as it undergoes a transformation guided by new ...
The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...
China issued on Wednesday an action plan for stabilizing foreign investment in 2025, which was approved by a State Council executive meeting.
Banking giant HSBC said Wednesday that CEO Georges Elhedery’s plan since October to simplify the company’s structure and ...
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