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

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

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

HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut ...

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

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

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

HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring ...

Without directly addressing staffing, a spokesperson for the lender says wealth management in China remains a ‘priority’.