HSBC unveils cost cuts in drive to create a 'simple, more agile, focused bank'
The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...
London midday: Stocks fall after higher-than-expected inflation print
London stocks had fallen further by midday on Wednesday as investors mulled a higher-than-expected UK inflation print.
HSBC sees $1.8 billion in revamp related costs as new CEO looks to boost returns
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 ...
Nikkei Asia2h
HSBC to cut jobs as bank shifts to building Asian wealth hubs
HONG KONG -- HSBC intends to redeploy $1.5 billion from "nonstrategic" areas to bet on growing wealth centers including Hong ...
londonlovesbusiness.com3h
HSBC to cut jobs to save £1.2 billion in costs
Head offices are also likely to be in line for cuts but HSBC has not revealed how many of these jobs will be lost. Group ...
Irish Examiner3h
HSBC plans job cuts worldwide as part of plans to cut costs by $1.5bn
Europe's largest bank HSBC has revealed it is kicking off a round of jobs cuts worldwide as it seeks to slash costs by $1.5bn ...
Startups4h
Cheaper commutes, not fancy offices, will win London workers back
Mayor of London Sadiq Khan says the city has been “hollowed out” by remote work, but one office expert says the real culprit ...
Jet2 expects profit boost but warns of £45m hit from green levies and tax rises
The delivery of a number of new Airbus aircraft has also been delayed, which will incur additional operational costs ...
London open: FTSE edges lower as inflation hits 3%
London stocks edged lower in early trade on Wednesday as investors mulled a higher-than-expected UK inflation reading.
Sheffield's 3 St Paul's Place building acquired by Ekistics in £16m deal
The city centre office space has become part of Ekistics' €497m investment portfolio and is its first property in Sheffield ...
LONDON MARKET EARLY CALL: FTSE 100 called flat ahead of UK data
Sterling traded at USD1.2624 on Wednesday morning UK time, rising from USD1.2616 at the time of the London equities close on Tuesday. The euro was flat at USD1.0460 from USD1.0462. Against the yen, ...
Investing8h
FTSE 100 Live: Stocks drop; Inflation hits rate cut hopes; Glencore eyes LSE exit door
HSBC Holdings PLC shares topped the FTSE 100 on the day before its final results are reported, with an uptick in optimism ...