The reversal underscores the challenges the Asia-focused bank faces to boost growth and profitability in China at a time when ...

HSBC is cutting its China digital wealth business Pinnacle by nearly half, reflecting challenges in boosting growth and ...

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

HSBC is reducing staff numbers at its China digital wealth business Pinnacle by nearly half, or about 900 people, two sources ...

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 Plc gave country heads in some smaller Asian markets additional responsibilities as the lender streamlines and ...

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

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

Deutsche appears to have completed its hiring push. Last September, it even added a layer of management with the appointment ...

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