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

Once a sprawling bank spanning more than 100 countries, HSBC has spent the last decade slowly shrinking its global footprint ...

Today could be the last day at HSBC for some investment bankers at Europe’s largest lender. Chief Executive Officer Georges ...

CEO Georges Elhedery has shaken up structure and leadership since taking over in September to focus on areas of strength ...

Hong Kong’s biggest bank announced US$2 billion in a share buy-back programme and 87 US cents per share in dividend.

HSBC on Tuesday agreed to sell its retail banking operations in Bahrain to Bank of Bahrain and Kuwait (BBK) amid a global ...

HSBC Holdings Plc is kicking off a fresh round of job cuts at its investment bank as new Chief Executive Officer Georges ...

Banking giant HSBC on Wednesday revealed that Hong Kong employees whose roles are related to its mergers and acquisitions ...

At least four managing directors were let go, one of them based in Singapore, sources say. Read more at straitstimes.com.

(Bloomberg) -- 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 ...

Some cuts are already under way, but wider layoffs will begin as early as Feb 17, sources said. Read more at straitstimes.com ...