Elon Musk's xAI in talks to raise $10 billion at $75 billion valuation
Elon Musk's startup aims to expand its presence in the AI industry by increasing its data centre capacity. Existing investors ...
Ameriprise Financial: Strong Asset Growth and Client Cash Revenue Expected Ahead; Valuation Intact
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.
manilatimes12h
HSBC set to unveil $1.5B annual cost savings
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 Banker17h
HSBC to unveil $1.5bn in cost savings; NatWest increases profits as UK government cuts stake
The UK government is reducing its stake in NatWest, formerly RBS, following its £46bn bailout during the 2008 financial ...
Zawya18h
Large-scale HSBC job cuts loom: IFR
HSBC announced two weeks ago that it would quit M&A advisory and equity capital market activities in the UK, the rest of ...
HSBC to unveil $1.5bn in savings alongside financial results
Citing two people familiar with the matter, the FT reported that the savings will largely come from HSBC's decision to ...
HSBC Set to Save $1.5B as the CEO’s Restructuring Revs Up
HSBC Holdings PLC (HSBC) (GB:HSBA) is reportedly poised to save $1.5 billion as CEO Georges Elhedery accelerates his bold ...
HSBC plans to unveil $1.5 billion of annual cost savings on February 19
HSBC said that it plans to wind down its M&A and some equities businesses in Europe and the Americas, accelerating a shift ...
Zawya23h
HSBC to unveil $1.5bln of annual cost savings on February 19, FT reports
HSBC has been scaling back its worldwide footprint, exiting dozens of low-returning consumer banking activities ...