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

HSBC announced two weeks ago that it would quit M&A advisory and equity capital market activities in the UK, the rest of ...

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

HSBC has been scaling back its worldwide footprint, exiting dozens of low-returning consumer banking activities ...

HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring initiatives on Feb. 19, the Financial Times reported on Thursday.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC will shut key parts of its investment banking business in the UK, Europe and the Americas as part of chief ...

HSBC shares dip 0.25% premarket as it prepares to unveil $1.5 billion in cost savings and details of CEO-led restructuring on February 19.

Europe's largest bank in terms of total assets will present its annual figures. However, the result will probably be of secondary importance. Much more exciting is how CEO Georges Elhedery will ...

HSBC set to unveil bigger profits as cost-cutting overhaul in focus - Rivals Barclays and NatWest set the tone for the ...

HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday, accelerating a shift to Asia in its biggest retrenchment from investment banking in ...

THOUSANDS of HSBC customers were unable to access their online accounts following a huge technical blunder. Furious users took to Downdetector platform to report the issue. At 4pm on February 11, ...

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