The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...

HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and ...

HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut ...

The London-based bank said it plans a new share buyback and cost cuts as its chief executive concentrates on streamlining the ...

Europe's largest lender HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts' ...

Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald ...

HSBC on Tuesday agreed to sell its retail banking operations in Bahrain to Bank of Bahrain and Kuwait (BBK) amid a global ...

HSBC Holdings’ profit after tax rose 1.8 percent to about $25 billion in 2024, compared with the previous year, as the bank ...

Hong Kong’s biggest bank announced US$2 billion in a share buy-back programme and 87 US cents per share in dividend.

HSBC is set to axe a number of investment bankers this Friday whilst rewarding some with bonuses, sources told City AM.

Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and ...