HSBC to sell Bahrain retail banking operations as restructuring progresses
HSBC on Tuesday agreed to sell its retail banking operations in Bahrain to Bank of Bahrain and Kuwait (BBK) amid a global ...
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 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 to sell Bahrain retail banking unit to Bank of Bahrain and Kuwait
The deal will see a transfer of retail loans, deposits and accounts of about 76,000 customers to Bank of Bahrain and Kuwait, ...
Banking giant HSBC Group turns in $25b profit as restructuring makes headway
Dubai: The HSBC Group’s 2024 profit before tax rose a handsome $2 billion to $32.3 billion as the banking giant makes steady ...