HSBC is weighing a wave of deep job cuts over the coming years that could ultimately impact around 20,000 roles, or about 10 ...

Non-client facing roles in global service centres are among those expected to be most impacted. Read more at straitstimes.com ...

The CEO's reported plans to shrink workforce in HSBC's middle and back office to accommodate AI is one of the first signs ...

HSBC Holdings Plc is weighing a wave of deep job cuts over the coming years as Chief Executive Officer Georges Elhedery bets ...

Lender's AT1 bond sale is the first since Iran conflict froze the market, with Hong Kong's stability making it the natural venue: analyst HSBC Holdings plans to raise US$2.5 billion by issuing two ...

HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the U.K. and the U.S. amid a broader overhaul of its investment banking operations. "As part of our ongoing ...

The British bank has appointed Denise Odaro to help clients in the region decarbonize and accelerate the transition to clean ...

HSBC Holdings PLC HSBC entered into a joint agreement with Grupo Financiero Galicia (“Galicia”) to sell its Argentina business. The transaction is valued at $550 million and aims to shift its focus on ...

HSBC Holdings HSBC is undergoing a strategic transformation, shifting its focus toward Asia while restructuring key parts of its global operations. Let’s have a look at the bank’s strategic plan and ...

NEW YORK--(BUSINESS WIRE)--HSBC announced that Lisa McGeough has officially been appointed President and Chief Executive Officer for the United States, effective January 1, 2025. In this role, Lisa ...