HSBC lacks the scale in New York, London or continental Europe to compete against Wall Street giants, and the move is aimed at focusing on areas where they can vie for business, the person said.

HSBC is trying to cut costs as a global rate-cutting cycle threatens to dampen profits HSBC is set to wind down parts of its investment banking operations across the UK, Europe and North America ...

HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest sign that Chief Executive Officer Georges Elhedery is willing to be ...

LONDON (Reuters) -HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday, accelerating a shift to Asia in its biggest retrenchment from ...

LONDON, Jan 28 (Reuters) - HSBC (HSBA.L), opens new tab plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday, accelerating a shift to Asia ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC will shut key parts of its investment banking business in the UK, Europe and the Americas as part of ...

Get ready to feast your way through London’s Lunar New Year celebrations! As we slither into the Year of the Snake, the city’s coolest restaurants are serving up seriously delicious menus. From fancy ...

HSBC has announced it is shutting down its global payments app Zing, putting hundreds of jobs at risk. Zing is an international payments app and debit card that allows people to hold different ...

pence - 'neutral' HSBC raises Anglo American price target to 2,200 (2,150) pence - 'hold' Citigroup cuts Anglo American to 'neutral' - price target 2,800 pence HSBC raises Antofagasta price target ...

HSBC is shutting down its global payments app Zing a year after launch, putting hundreds of jobs at risk, as the global bank continues to overhaul its structure. The bank’s chief executive has ...

Amundi Physical Metals plc issues 100,000 ETC Securities of Amundi Physical Gold ETC under Secured Precious Metal Linked ETC Securities Programme. SEE full details in press release ...