The bank’s latest reorganisation has arguably left it with few options to boost revenue as it faces trade tariffs and lower ...

FTSE flat as inflation higher than expected before interest rates decision - Stock market reaction and business news from ...

Your guide to what Trump’s second term means for Washington, business and the world Nearly 70,000 people have signed up for the new golden Trump Card, a visa scheme led by commerce secretary Howard ...

This is a pretty crowded space. HSBC is not a top 10 player in ECM or M&A in Asia-Pacific or in major markets like China and India, although it is certainly a market leader in the Middle East.

LONDON (Reuters) -Europe's biggest bank HSBC will inject $4 billion into its private credit funds, amid a wider push by banks into the booming market as profits from traditional lending have come ...

Europe's biggest bank HSBC will inject $4 billion into its private credit funds, amid a wider push by banks into the booming market as profits from traditional lending have come under pressure. HSBC ...

The common theme behind HSBC’s realignment comes to a simple reason – growth. The firm booked $34.1bn (£25.7bn) in pre-tax profit for 2024 after a strong performance in its Asian operations.

HSBC's report showed its global workforce totalled 220,928 across its businesses versus 227,552 in 2023 and 232,642 in 2022. There was a 5.5 per cent reduction in staff at its wealth and personal ...

CCF, formerly HSBC France, is planning to cut 36% of its workforce and close a third of its branches. ... but rather resurrected an older name that was discarded when HSBC bought the bank in 2000.

HSBC plans to move away from its China credit card ... Bloomberg reported that HSBC plans to reduce its workforce by removing hundreds of top bankers to ... Type a instrument or company name.

HSBC has reportedly asked some managers to reapply for their jobs as part of a cost-cutting restructure. Bloomberg reported Monday that hundreds of senior staff will likely lose their jobs.

HSBC’s shares bounced this week after the latest results showed the bank had lifted pre-tax profits by 11% in the third quarter, “significantly beating downbeat expectations”, says Patrick ...