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

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

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

HSBC said that it plans to wind down its M&A and some equities businesses in Europe and the Americas, accelerating a shift ...

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

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

HSBC Holdings is kicking off a fresh round of job cuts at its investment bank as new chief executive officer Georges Elhedery ...

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

HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring initiatives on Feb. 19, the Financial Times reported on Thursday.

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

HSBC share price remains in a strong bull market and is hovering at its all-time high as investors watch the ongoing job cuts ...

HSBC shares dip 0.25% premarket as it prepares to unveil $1.5 billion in cost savings and details of CEO-led restructuring on February 19.