Hong Kong’s biggest bank announced US$2 billion in a share buy-back programme and 87 US cents per share in dividend.

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

Hong Kong’s biggest bank announced US$2 billion in a share buy-back programme and 87 US cents per share in dividend.

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

LONDON: Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as US President ...

Investors in HSBC (HSBA.L) are backing management attempts to shutter parts of its investment bank, even as US President ...

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

HSBC investors have backed CEO George Elhedery’s investment bank cuts as focus shifts to Asia amid geopolitical and market pressures.

HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut ...

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

The redundancies will be staggered over several weeks and months, based on performance and to streamline operations.

HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and ...