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 ...

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

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

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

The redundancies will be staggered over several weeks and months, based on performance and to streamline operations.

HSBC is set to axe a number of investment bankers this Friday whilst rewarding some with bonuses, sources told City AM.

HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets ...

HSBC Holdings’ profit after tax rose 1.8 percent to about $25 billion in 2024, compared with the previous year, as the bank ...

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