HSBC AM's private credit unit is playing catch up against more-established players. It has deployed $7 billion across 150 transactions since launching in 2018. The new funds will be invested globally, ...

HSBC lays off mid-senior level staff on bonus day, no payouts provided either: Report According to FT, the decision was taken as part of a larger plan to cut costs under HSBC's new CEO, Georges ...

HSBC fired investment bankers on the day they were due to learn their bonus figures and gave no bonuses to many it let go, in a sign of how the bank is taking a more ruthless approach to costs ...

Deutsche Bank downgraded HSBC (HSBC) to Hold from Buy with a price target of 910 GBp, up from 830 GBp. The firm expects any incremental restructuring at HSBC will be “relatively small” and ...

HSBC (HSBC) said it completed the $3B share buyback announced at its interim results and intends to initiate a share buyback of up to $3B, which it expects to complete within the four-month period ...

HSBC's Hong Kong headquarters. The global bank plans to split off its Hong Kong and U.K. businesses. (Chan Long Hei/Bloomberg News) HSBC said a plan to divide its Eastern and Western operations ...

A view of the HSBC logo on the side of the HSBC building in the financial district of Singapore on March 9, 2016. The bank announced a major restructuring on Tuesday. File Photo by Wallace Woon ...

HSBC has promised it will not announce any new closures of its bank branches until at least 2026, extending a commitment to face-to-face banking amid a wider cull of branches on UK high streets. The ...

LONDON, May 3 (Reuters) - HSBC (HSBA.L) has no current plans to sell more assets, its chairman Mark Tucker said on Friday at the annual shareholder meeting of the bank, which has scaled back its ...

HSBC’s profits have soared as it continues to cut costs and cash in on high interest rates around the world. Europe’s biggest bank said Tuesday that pre-tax profit grew by $4.1 billion to $8.8 ...