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 ...

Hong Kong’s biggest bank announced US$2 billion in a share buy-back programme and 87 US cents per share in dividend.

HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and initiated sweeping restructuring of the Asia-focused lender, showed its 2024 ...

Hang Seng Bank Ltd., a Hong Kong lender controlled by HSBC Holdings Plc, recorded a surge in credit impairment on commercial real estate as the city’s economic struggles are starting to spill over on ...

The European stocks rally took a pause on Wednesday amid mixed earnings and after President Donald Trump’s latest tariff threats stoked concern about a widening trade war.

HSBC reported a profit in 2024 as strong performances in wealth and personal banking and global banking and markets offset a decline in its net interest income.

HSBC said it intends to begin a share repurchase of up to $2.0 billion soon, following three buyback programs for 2024 totaling $9 billion. The bank said it plans to reduce its cost base by $1.5 ...

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 posted an annual profit on Wednesday (Feb 19) that beat estimates, helped by increased revenue in wealth and markets ...

Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and ...

The London-based bank booked net profit of $197 million for the three months ended December, beating estimates by Visible ...