HSBC Holdings (NYSE:HSBC) is mulling combining its commercial and investment bank arms as part of an effort to consolidate redundant roles throughout the firm and reduce expenses, according to a ...
According to a leaked internal staff memo sent today, HSBC is scaling back its investment banking operations in the UK, Europe, and the Americas as part of CEO Georges Elhedery’s restructuring plan to ...
HSBC has unveiled a raft of senior changes to its key units as the U.K. lender continues to overhaul its business under new chief executive Georges Elhedery. The U.K. lender has installed Adam Bagshaw ...
LONDON (Reuters) - HSBC Holdings said first quarter profits were "well ahead" of last year, swelled by record results in its investment bank and resilience in Asia, but would have been down without ...
HSBC has announced the launch of a new onshore asset management business in the United Arab Emirates, marking a significant ...
LONDON/HONG KONG (Reuters) - Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald Trump's deregulatory agenda fuels hopes for a boom ...
LONDON (Reuters) -HSBC is to wind down its M&A and equities businesses in Europe, Britain and the Americas, it said on Tuesday, as it accelerated its shift to Asia in its biggest retrenchment from ...
LONDON (Reuters) - Robust business in emerging markets helped HSBC's <0005.HK> investment banking arm remain profitable in the third quarter, even stripping out a $835 million benefit from an ...
Newly established Asset Management business launches 10 funds on Securities & Commodities Authority of the United Arab ...
HSBC Holdings Plc is kicking off a fresh round of job cuts at its investment bank as new Chief Executive Officer Georges Elhedery continues his overhaul of Europe’s biggest lender, according to people ...
HSBC Holdings Plc is weighing combining its commercial and investment bank divisions as part of new Chief Executive Officer Georges Elhedery’s push to eliminate overlapping roles across the company ...
HSBC Holdings is exploring options for its Singapore insurance unit, potentially valued at over US$1 billion, as part of ...
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