HSBC Mutual Fund believes the ongoing correction in the small and midcap space has been healthy, and the markets may be getting closer to the bottom after the 20 percent fall for the smallcap ...

HSBC Holdings plans to issue a total of US$1.5 billion in perpetual bonds, the third round of fundraising since June, in anticipation of rising demand for loans. The subordinated contingent ...

HONG KONG, Feb 19 — Banking giant HSBC said Wednesday that CEO Georges Elhedery’s plan since October to simplify the company’s structure and geographic setup will yield US$1.5 billion (RM6.7 billion) ...

Banking giant HSBC said today that CEO Georges Elhedery’s plan since October to simplify the company’s structure and geographic setup will yield US$1.5 billion in annual cost savings by the ...

HSBC posted an annual profit on Wednesday (Feb 19) 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 ...

HSBC Holdings said it would invest more resources in Hong Kong’s wealth-management products and services in the coming years, as the city’s biggest commercial bank restructures to cut costs ...

LONDON : HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the economy, the bank said on Wednesday, compounding fears from ...

Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital markets ...

HONG KONG, Feb 19 (Reuters) - HSBC (HSBA.L), opens new tab 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 long-term costs ...

HONG KONG/Sydney :HSBC has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as part of a global restructuring exercise at the Asia ...

Investors in HSBC (HSBA.L) are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital ...