HSBC on Wednesday said it aims to save $1.8 billion in costs by the end of next year, as its new CEO revamps the bank to boost profit while navigating mixed interest rate policies and profound ...
The London-based bank’s chief executive is concentrating on streamlining the lender’s businesses and reducing costs.
Good afternoon and happy Wednesday, readers! Senate Democrats indicated today that they are likely to withhold support for ...
HSBC Holdings reports 8% drop in revenue. Plans to target cost reductions and reallocate funds for high-return opportunities.
HSBC Holdings Plc kicked off the sale of its French mortgages portfolio, which is equivalent to about $7 billion, as the ...
The Board has approved a fourth interim dividend of 36c per share, resulting in a total of 87c per share in respect of 2024, ...
HSBC has pushed its climate target aimed at reducing emissions caused by operations and supply chain back by 20 years.
HSBC surpassed analyst profit expectations in its annual results as its new boss reiterated a focus on cost-cutting.
HSBC Holdings Plc expects $1.8 billion in costs over the next two years as it embarks on a global restructuring program that ...
The Buffett Indicator, a simple measure of stock market valuation (market cap to GDP), signals danger. Warren Buffett himself sees risks, but this time, I hesitate to agree. Could he be wrong?
HSBC on Tuesday agreed to sell its retail banking operations in Bahrain to Bank of Bahrain and Kuwait (BBK) amid a global ...
I hadan urgent call from my 28-year-old daughter, who lives in Dubai, telling me she had split up with her partner. She ...