HSBC Holdings Plc is kicking off a fresh round of job cuts at its investment bank as new Chief Executive Officer Georges ...
Georges Elhedery, the boss of HSBC, will reportedly kick off more job cuts next week as he reveals his radical overhaul of ...
Trade tariffs and economic data continue to capture much of the market's attention, there are also a number of company earnings due out in the coming week. Alibaba (BABA) is due to release its latest ...
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.
The UK government is reducing its stake in NatWest, formerly RBS, following its £46bn bailout during the 2008 financial ...
HSBC Holdings Plc is set to initiate a new round of job cuts in it’s investment banking division, marking a continued ...
It expects 2025 NII guidance of more than USD32 billion, above consensus of USD31.8 billion. It also expects HSBC to extend 2025 return on tangible equity guidance of around 14% to 16% to 2026 to 2027 ...
Europe's largest bank in terms of total assets will present its annual figures. However, the result will probably be of secondary importance. Much more exciting is how CEO Georges Elhedery will ...
Today could be the last day at HSBC for some investment bankers at Europe’s largest lender. Chief Executive Officer Georges ...
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 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 ...