HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets ...

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 ...

HSBC Holdings Plc will incur US$1.8bil in costs over the next two years as it embarks on a global restructuring programme ...

HSBC added that it plans to incur costs of US$1.8 billion over 2025 and 2026 to deliver the reductions. Mr Elhedery has moved ...

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

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

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

HSBC has abandoned its target of achieving net-zero carbon emissions across the business by 2030. The lender told ...

Once a sprawling bank spanning more than 100 countries, HSBC has spent the last decade slowly shrinking its global footprint ...

CEO Georges Elhedery has shaken up structure and leadership since taking over in September to focus on areas of strength ...