The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the end of 2026.

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 ...

HONG KONG -- HSBC intends to redeploy $1.5 billion from "nonstrategic" areas to bet on growing wealth centers including Hong ...

HSBC, Europe's biggest bank by assets, said on Wednesday it was pushing back its emissions-reduction goal to mid-century, as ...

HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the ...

HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of ...

HSBC posted annual profit on Wednesday (Feb 19) that beat estimates, helped by increased revenue in wealth and markets ...

HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and ...

HONG KONG -- HSBC Holdings on Wednesday reported a roughly 6.5% increase in pretax profit for 2024, to $32.3 billion, beating ...

HSBC reported a 6.6% rise in annual profit on Wednesday, beating market expectations, as income withstood the impact of ...

The London-based bank reported profit before tax for 2024 of $32.3 billion. That compared with $30.3 billion a year earlier ...

Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald ...