HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest ...

HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...

Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four ...

HSBC’s decision to exit the M&A and ECM markets outside Asia is seen as a blow to London’s reputation as a global hub for ...

HSBC lacks the scale in New York, London or continental Europe to compete against Wall Street giants, and the move is aimed ...

HSBC announces major cuts to its investment banking operations in the UK, Europe, and Americas, focusing on more profitable ...

HSBC is shutting down Zing as it reportedly continues to overhaul its structure. The staff at risk of redundancy will be informed soon.

LONDON (Reuters) -HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with the matter said, as CEO Georges Elhedery steps up ...

At least 400 employees of HSBC are likely to lose jobs after the bank’s decision to shut international payments app Zing, news agency Reuters reported. Georges Elhedery, Chief Executive Officer ...

HSBC ranked 14th globally in investment banking fees in 2024, according to LSEG data, down a notch from the previous year.

HSBC’s strategic retreat is a bold move, but it’s not without risks. The bank’s success will depend on its ability to execute ...