Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly on ...

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 boost profit while navigating mixed interest rate policies and profound ...

The London-based bank’s chief executive is concentrating on streamlining the lender’s businesses and reducing costs.

HSBC Holdings reports 8% drop in revenue. Plans to target cost reductions and reallocate funds for high-return opportunities.

Banking giant HSBC said on Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end ...

HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the ...

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 ...

The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...

HSBC (NYSE:HSBC), the Hong Kong- and U.K.-focused bank, expects to pay $1.8B over two years in severance and other up-front ...