The centrepiece of Elhedery’s announcement was a $1.5 billion annual cost-cut target by 2027, helped by closing bits of its U ...

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 ...

HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets ...

HSBC , has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as ...

Hong Kong’s biggest bank announced US$2 billion in a share buy-back programme and 87 US cents per share in dividend.

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

HSBC Holdings Plc expects $1.8 billion in costs over the next two years as it embarks on a global restructuring program that ...

HSBC Holdings’ profit after tax rose 1.8 percent to about $25 billion in 2024, compared with the previous year, as the bank ...

HSBC has abandoned its target of achieving net-zero carbon emissions across the business by 2030. The lender told ...

The 160-year-old bank plans to redeploy US$1.5 billion from "low-return" markets to Hong Kong and other parts of Asia, HSBC's CEO Georges Elhedery said on Wednesday after unveiling a 2 per cent ...

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