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 ...

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 ...

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 ...

but actually for the UK, the main corridor in terms of business volumes is transatlantic," Stuart Tait, HSBC UK's head of commercial banking, told Reuters. The China Securities Regulatory ...

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 ...

Beijing’s point man on Hong Kong affairs has called on HSBC to continue contributing to ... “Xia emphasised it is China’s long-standing national policy to ensure the comprehensive, accurate ...

HSBC , merged some operations and split its geographic footprint into East and West in a sweeping restructuring under new CEO Georges Elhedery that also included the appointment of the bank's first ...

HONG KONG - HSBC's Hong Kong unit has joined China's worldwide interbank renminbi payment system (CIPS) as a direct offshore participant, according to a company statement. Beijing is pushing to ...

HSBC Holdings will reorganise its worldwide operations into four business units and two geographic areas, as one of the world’s largest banks creates a structure that makes Hong Kong – the H ...

HSBC's revenue grew 5 per cent in the quarter ended September to US$17 billion from a year earlier, with volatile market conditions supporting higher customer activity in wealth products.

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 ...