HSBC has said banks need to stop penalising clients with large carbon footprints amid a wider backlash against green finance.

The centrepiece of Elhedery’s announcement was a $1.5 billion annual cost-cut target by 2027, helped by closing bits of its U ...

HSBC Holdings Plc has assigned additional roles to country heads in smaller Asian markets to streamline operations and cut ...

HSBC Holdings has given country heads in several Asian markets additional responsibilities as part of its efforts to streamline its organizational structure.

HSBC bankers in London were asked to work from home on Feb. 21 as the bank moved to make some deep cuts to M&A, equity capital markets and sector dealmaking teams. Some bankers affected by the cuts ...

HSBC Holdings plans to issue a total of US$1.5 billion in perpetual bonds, the third round of fundraising since June, in ...

HSBC Holdings has started cutting jobs in London, it was reported on Wednesday, as the blue chip looks to wind down its investment banking offering outside of Asia.

Q4 2024 Earnings Call Transcript February 21, 2025 Operator: Ladies and gentlemen, welcome to the Investor and Analyst ...

HSBC restructures its leadership in Asia, assigning dual roles to country heads and streamlining operations to reduce costs ...

As for HSBC’s bonus schemes for employees, the company offers a quarterly incentive or annual bonus based on performance and ...

HSBC Holdings said it would invest more resources in Hong Kong’s wealth-management products and services in the coming years, as the city’s biggest commercial bank restructures to cut costs ...