HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring ...

HSBC Holdings PLC (HSBC) (GB:HSBA) is reportedly poised to save $1.5 billion as CEO Georges Elhedery accelerates his bold ...

Today could be the last day at HSBC for some investment bankers at Europe’s largest lender. Chief Executive Officer Georges ...

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

Shares in China's Xiaomi are up more than 30% in Hong Kong this year as the smartphone maker aims to deliver 300,000 EVs in ...

The rise of China's DeepSeek AI model is boosting Chinese tech firms including Alibaba, Baidu, and Xiaomi.

Im Zuge der Umstrukturierung von HSBC wird Konzernchef Georges Elhedery bei Europas größter Bank dem Vernehmen nach eine neue ...

Georges Elhedery, the boss of HSBC, will reportedly kick off more job cuts next week as he reveals his radical overhaul of ...

HSBC announced two weeks ago that it would quit M&A advisory and equity capital market activities in the UK, the rest of ...

The latest phase of cuts will start in Asia, but will ultimately affect employees globally, according to sources, who asked ...

HSBC has been scaling back its worldwide footprint, exiting dozens of low-returning consumer banking activities ...

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