Five men in their 20s were arrested by the Southern Division task force for their alleged involvement in an aggravated ...

Banking giant cites challenges in tackling supply chain emissions and restrictions on the use of offsets as it defers ...

As for HSBC’s bonus schemes for employees, the company offers a quarterly incentive or annual bonus based on performance and ...

The U.K.-based bank said it was “revising [its] ambition” and delaying its target of hitting net-zero across its operations, business travel and supply chain from 2030 to 2050.

While US financial firms flee right-wing attacks on sustainability, the Transition Finance Council is tapping the City and ...

Lloyds Banking Group has set aside an additional £700mn to cover potential customer redress costs linked to a UK court ruling into the mis-selling of car finance loans, bringing its total provision to ...

HSBC is also scaling back its mergers and acquisitions banking operations in the UK, Europe, and the US. But what does it ...

HSBC is cutting jobs and delaying its net-zero emissions targets as part of a broader effort to reduce costs. The bank aims ...

HSBC has delayed key parts of its climate goals by 20 years, pushing its net zero emissions targets from 2030 to 2050, while ...

Larry Fink, the head of the world’s biggest asset manager and one of the most powerful investors on Wall Street, has conceded ...

The bank had set a goal of 2030 for emissions in its own operations and supply chain but this has now been moved to 2050 ...

HSBC unveils a sweeping cost-cut plan targeting $1.5bn in savings, signalling thousands of job cuts mostly in the UK.