HSBC A multinational bank with Hong Kong origins and headquarters in London, HSBC Bank has had a presence in the United States since 1980. This banking giant has branches in eight states ...
In an earlier regulatory filing, HSBC (HSBC) Holdings announced that it is simplifying its organisational structure into four businesses to accelerate delivery against its strategic priorities.
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 ...
If HSBC’s new chief executive Georges Elhedery is trying to revive the well-worn joke that the bank’s name stands for “How Simple Becomes Complicated”, he’s going about it the right way.
LONDON (Reuters) - Some senior HSBC staff should brace for job cuts after the bank's latest restructuring, Chief Executive Georges Elhedery told staff in a memo seen by Reuters on Wednesday.
To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. HSBC CEO Georges Elhedery on Tuesday answered the question that had burned at analysts over the week since ...
HSBC Holdings (GB:HSBA) has released an update. HSBC Holdings has announced a significant share buy-back, purchasing over 2 million shares from UK and Hong Kong stock exchanges as part of its ...
Oct. 22 (UPI) --British financial giant HSBC announced a new consolidation of its operations on Tuesday into four geographical branches in its restructuring. The institution said its operations ...
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 ...
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 ...
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 ...