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 2024 profit beats estimates; announces $2 billion share buyback
HSBC reported a 6.6% rise in annual profit on Wednesday, beating market expectations, as income withstood the impact of ...
HSBC to Delay Climate Targets to 2050 as Green Progress Slows
HSBC Holdings Plc delayed a deadline to meet some key climate targets by two decades to 2050 and will review other goals, ...
HSBC announces share buyback of up to $2 billion as annual profit jumps 6.5%
Europe's largest lender HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts' ...
HSBC targets $1.5 bn in annual cost savings after revamp
Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and ...
HSBC unveils share buyback, cost cut targets as new CEO looks to boost returns
HSBC posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and ...
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HSBC investors back CEO’s investment banking retrenchment
Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital markets activity.
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