HSBC pushes back climate targets by 20 years and blames ‘lag’ in government policy
HSBC pushes back climate targets by 20 years and blames ‘lag’ in government policy - HSBC says factors ‘outside of our ...
HSBC unveils cost cuts in drive to create a 'simple, more agile, focused bank'
The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...
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HSBC India Profit Soars 11% to USD 1.69 Billion in 2024
HSBC India's pre-tax profit grew by 11.27% to USD 1.688 billion in 2024, driven by strong performance in global banking and ...
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HSBC India: Profitable Growth Spurt in 2024
HSBC reported an 11.27% increase in profit before tax from India, reaching USD 1.688 billion for 2024. The bank, which ...
FTSE 100 LIVE: Stocks mixed as traders digest surprise UK inflation jump
The FTSE 100 (^FTSE) and European stocks were mixed on Wednesday as traders digested news that UK inflation rose more than ...
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HSBC to shed more jobs to cut costs
Banking giant HSBC on Wednesday revealed that Hong Kong employees whose roles are related to its mergers and acquisitions ...
HSBC sees $1.8 billion in revamp related costs as new CEO looks to boost returns
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 Dials Back Climate Ambitions, Following U.S. Banks
Another major bank is walking back climate commitments made when ESG was all the rage. HSBC on Wednesday delayed by two decades a goal announced during the pandemic to eliminate greenhouse-gas ...