The company’s diversification across wealth management, asset management, and insurance muddies the company’s financials, and investors might discount the company’s valuation because of this.

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.

The UK government is reducing its stake in NatWest, formerly RBS, following its £46bn bailout during the 2008 financial ...

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

Citing two people familiar with the matter, the FT reported that the savings will largely come from HSBC's decision to ...

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 ...

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

Since the global financial crisis, HSBC has been scaling back its worldwide footprint, starting with exiting dozens of ...

As the trend towards the international dispersion of certain value chain activities produces challenges, discover policies to meet these Tax transparency and international co-operation Enhanced ...

Catching up with Insurance Business to share an update on the group’s strategy, she highlighted some of the key challenges ...