HSBC Holdings plc HSBC plans to reduce its workforce in France by 348 jobs, accounting for approximately 10% of its staff in the country. This move is part of the overall cost-cutting strategy by ...

HSBC has created a loan designed to help businesses handle the cost of tariffs. HSBC TradePay for Import Duties is an extension of an already existing program. Businesses have been scrambling to ...

HSBC, Hong Kong’s biggest lender, received regulatory approval to set up a captive insurer, marking the latest step in the city’s development as a risk-management centre, the bank said on ...

The shareholders, who together sit on more than £1.2 trillion ($1.6 trillion) in assets under management, will ask HSBC “to restate its commitment to the net zero transition,” according to ...

HSBC shares rose premarket despite a 13% revenue drop Y/Y due to divestments; constant currency revenue excluding items grew 7%. The bank announced a new $3 billion share buyback after completing ...

Europe’s largest bank, HSBC Holdings Plc, has announced a fresh share repurchase programme of up to $3 billion (€2.6 billion) for the first half of 2025 as it reported its first-quarter ...

HSBC Holdings Plc said it doesn’t expect tariffs to have a major impact on its business, adding its restructuring and capital return plans remained undeterred by the uncertainty from a brewing ...

HSBC is rolling out the biggest overhaul to its online banking app for over a decade for its seven million banking customers. The major high street bank has redesigned its banking app and will be ...

HSBC is in news and not for good reasons. The bank has recently laid off employees working at the mid-senior level (vice-president and above), a report by The Financial Times said. The employees ...

British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses — and denied giving them their annual payout, according to a report.

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 ...