According to a leaked internal staff memo sent today, HSBC is scaling back its investment banking operations in the UK, Europe, and the Americas as part of CEO Georges Elhedery’s restructuring plan to ...

HSBC has unveiled a raft of senior changes to its key units as the U.K. lender continues to overhaul its business under new chief executive Georges Elhedery. The U.K. lender has installed Adam Bagshaw ...

HSBC has announced the launch of a new onshore asset management business in the United Arab Emirates, marking a significant expansion of its footprint in the Gulf region. As part of this move, the ...

LONDON (Reuters) -HSBC is to wind down its M&A and equities businesses in Europe, Britain and the Americas, it said on Tuesday, as it accelerated its shift to Asia in its biggest retrenchment from ...

HSBC Holdings is exploring options for its Singapore insurance unit, potentially valued at over US$1 billion, as part of ...

The October 2000 privatization of Hong Kong's Mass Transit Railway Corporation (MTRC) and the company's subsequent blow-out $600 million 10-year global note issue served notice, if any were needed, ...

LONDON/HONG KONG (Reuters) - Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald Trump's deregulatory agenda fuels hopes for a boom ...

HSBC Holdings Plc is kicking off a fresh round of job cuts at its investment bank as new Chief Executive Officer Georges Elhedery continues his overhaul of Europe’s biggest lender, according to people ...

Global banking giant HSBC joined an impressive roster of investors that includes Prudential Hong Kong, Fubon Bank, and Hong ...

HSBC terminated investment bankers on the same day they were supposed to find out how much their bonuses were to be for 2024 and didn’t give payouts to many that were fired, the Financial Times ...

HSBC will shut down parts of its investment banking business in non-Asian markets, focusing on more scalable sectors. CEO Elhedery’s restructuring aims to streamline operations, with investment ...