HSBC has unveiled a sweeping overhaul of the bank by splitting it into East and West, raising fears the move could lead to less scrutiny of its operations in China and Hong Kong. New chief ...

HONG KONG, Oct 25 (Reuters) - HSBC's (HSBA.L), opens new tab Hong Kong unit has joined China's worldwide interbank renminbi payment system (CIPS) as a direct offshore participant, according to a ...

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Georges Elhedery’s shake-up may be seen as a partial victory for Chinese insurer Ping An, one of HSBC’s largest shareholders. HSBC’s new chief executive has made his play to cut costs and ...

HSBC Holdings Plc has become a direct participant in China’s cross-border interbank payment system as the world’s second largest economy pushes for greater use of the yuan. The UK lender ...

HSBC’s chief executive has denied planning to break-up the bank amid rising geopolitical tensions between China and the West. Georges Elhedery, who took over in September, said a move to ...

By Ravi Mattu Reporting from London HSBC announced its biggest restructuring ... cut costs and navigate a diplomatic minefield between China and the West, and are the first since Georges Elhedery ...

HSBC has initiated a review of its digital wealth business Pinnacle in China, focusing on expenses and operational controls.

HONG KONG/SHANGHAI - HSBC Holdings is reviewing expenses and operational controls at its China digital wealth business Pinnacle, in a move that could result in layoffs and mark an abrupt reversal ...

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LONDON, Oct 22 (Reuters) - HSBC's history-making ... a more fractious relationship between China and the West. Posts on professional networking platform LinkedIn offer a glimpse into Kaur's ...