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HSBC cuts investment banks in UK and Europe
HSBC plans biggest investment banking retrenchment in decades
By Sinead Cruise LONDON (Reuters) -HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday, accelerating a shift to Asia in its biggest retrenchment from investment banking in decades.
HSBC to exit parts of investment banking business in UK, US and Europe
HSBC will shut key parts of its investment banking business in the UK, Europe and the Americas as part of chief executive Georges Elhedery’s plan to overhaul its operations.
HSBC to Shutter Some Investment Banking Units in Europe, US
HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest sign that Chief Executive Officer Georges Elhedery is willing to be ruthless in his ongoing restructuring of the bank.
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Jefferies investment banker dies in Texas at age 28, cause of death still unknown
Dallas police report the "unexplained death" of Jefferies investment banker Carter McIntosh, 28. An investigation is ongoing.
6d
Meet the future leaders of Goldman Sachs' investment bank
Inside the careers, accomplishments, and clients of Goldman's new heads of investment banking: Kim Posnett, Matt McClure, and ...
13d
Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before ...
Institutional Investor
58m
GEM Announces Matt Bank as Next CIO
Outsourced chief investment officer provider GEM Investments has officially named Matt Bank co-CIO of its $12 billion ...
1d
Scottish state bank risks missing 2030 investment target
The Scottish National Investment Bank is at risk of missing its target of investing £2bn by the end of the decade by a fifth, ...
1d
Exclusive-HSBC to Wind Down M&A and ECM Capabilities in Europe, UK & Americas, Memo Shows
HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a ...
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