HSBC Holdings Plc warned it will likely cut senior manager jobs as the lender embarks on one of its biggest restructurings. “As we integrate the businesses, there will inevitably be a reduction ...

Hong Kong/London — HSBC said Tuesday that it would combine some of its commercial and investment banking operations in a major overhaul under its new CEO, which will see it cut costs while ...

HONG KONG/LONDON, Oct 22 (Reuters) - HSBC (HSBA.L), opens new tab, merged some operations and split its geographic footprint into East and West in a sweeping restructuring under new CEO Georges ...

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 is simplifying its organizational structure into four businesses to streamline its businesses and reduce costs months after its new chief executive took over reins. Europe's largest bank by ...

HSBC has cost advantages and significant intangible assets in its core market of Hong Kong that help it generate strong earnings there even when the local economy is weaker. HSBC has operations in ...

By Ravi Mattu Reporting from London HSBC announced its biggest restructuring in a decade on Tuesday, splitting itself into four divisions, combining some of its commercial and investment banking ...

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC’s new chief Georges Elhedery is engaging in a reshuffle. It could be the purposeful reshaping of a ...

All ratings are determined solely by our editorial team. HSBC is a global banking and financial services organization that supports around 39 million customers worldwide. Its products are ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC chief executive Georges Elhedery’s planned overhaul of the bank has reignited debate about a break ...

As of 11:11 AM EST. Market Open. NEW YORK, November 08, 2024--HSBC Bank USA, N.A., and its affiliates announced today that they have reduced their prime and reference rate from 8.00% to 7.75% ...