Hong Kong/London — HSBC said Tuesday that it would combine some of its commercial and investment banking operations in a major overhaul under its new CEO, which will see it cut costs while trying to ...

PARIS--(BUSINESS WIRE)--Regulatory News: On 20 February 2024, HSBC Continental Europe’s Board of Directors reviewed the second half year results and approved the bank’s consolidated financial ...

HSBC Holdings Plc is weighing combining its commercial and investment bank divisions as part of new Chief Executive Officer Georges Elhedery’s push to eliminate overlapping roles across the company ...

HONG KONG/LONDON (Reuters) -HSBC merged some operations and split its geographic footprint into East and West in a sweeping restructuring under new CEO Georges Elhedery that also included the ...

HSBC warned Monday that China’s property market has “potential for a further deterioration” as it reported profits that fell short of expectations, partly because of a $500 million charge to cover ...

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 today the appointment of Andrew Fullam as Chief Financial Officer (CFO) for the US and Americas. In this role, he will be responsible for the region’s ...

HSBC Holdings Plc (NYSE:HSBC) is reportedly planning to recruit about 50 more bankers in its U.S. commercial bank to lend to startup companies, mainly in the technology and healthcare sectors. The ...

On February 2, the European Investment Bank (EIB) and lead banks BNP Paribas, HSBC and RBC, settled the first ever sterling bond new issue on blockchain: a £50 million, three-year, floating-rate note, ...