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

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

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 ...

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

The redundancies will be staggered over several weeks and months, based on performance and to streamline operations.

Canara HSBC Life Insurance today unveiled its latest offering, Promise2Protect, as part of its commitment to deliver ...

Some cuts are already under way, but wider layoffs will begin as early as Feb 17, sources said. Read more at straitstimes.com ...

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 ...

Hong Kong and Singapore have the best performing mobile banking apps in Asia, a global study found, though they lag behind ...