Hong Kong’s biggest bank announces US$2 billion share buy-back programme and US$0.87 per share dividend for 2024.

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

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 ...

Georges Elhedery, the chief executive, has moved at pace to reorganise the bank’s sprawling empire - Paul Yeung/Bloomberg ...

STORY: HSBC has shrugged off falling interest rates to post a big jump in earnings. The London-based but Asia-focused bank ...

HSBC Holdings plc has announced its 2024 annual results, reporting a US$32.3 billion profit before tax, a US$2 billion ...

Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald ...

The bank also announced a new buyback of own shares from $2 billion, reaffirming “its focus on shareholders,” the bank said, ...

Digital wealth management platform Endowus has launched a service that provides access to competitive time deposit rates, ...

CEO Georges Elhedery said in a results conference call that there is no target number of layoffs set by the bank, and that ...

HSBC on Wednesday said it aims to save $1.8 billion in costs by the end of next year, as its new CEO revamps the bank to ...

Aveo Capital Partners LLC trimmed its stake in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 1.5% in the 4th quarter, ...