The London-based bank’s chief executive is concentrating on streamlining the lender’s businesses and reducing costs.

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 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 ...

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

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

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 Plc kicked off the sale of its French mortgages portfolio, which is equivalent to about $7 billion, as the ...

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

HONG KONG/SYDNEY (Reuters) -HSBC has laid off around 40 investment bankers in Hong Kong, according to a person with direct ...

HSBC on Wednesday said it aims to save $1.8 billion in costs by the end of next year, as its new CEO revamps the bank to ...