HSBC to save $1.8 billion over two years under new CEO
HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of ...
HSBC bonus pool flat in 2024 amid cost-cut drive; headcount falls 3%
HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and ...
HSBC 2024 Profit Beats Estimates; Announces $2 Billion Share Buyback
The London-based bank reported profit before tax for 2024 of $32.3 billion. That compared with $30.3 billion a year earlier ...
Banks Are Gaining Access To A Growing Amount Of Data: Here’s How To Use It
As banks gain access to new data and realize opportunities to analyze this data at scale, they can use the resulting insights ...