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

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 ...

The latest phase of cuts will start in Asia, but will ultimately affect employees globally, according to sources, who asked ...

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

HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring ...

In a few months, Elhedery has combined HSBC's commercial and investment banking units, taken the decision to pull back from M&A and equity capital markets in markets including the U.K. and Americas, ...

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

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

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

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.