HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly on ...

CEO Georges Elhedery has shaken up structure and leadership since taking over in September to focus on areas of strength ...

HSBC on Wednesday said it aims to save $1.8 billion in costs by the end of next year, as its new CEO revamps the bank to boost profit while navigating mixed interest rate policies and profound ...

Stagflation is a mix of low output, high unemployment and stubbornly rising prices that can inflict damage on businesses and ...

THE boss of Britain’s biggest defence firm, BAE, says Russia is not to be trusted and the UK and Europe must boost arms ...

HSBC Holdings Plc will incur US$1.8bil in costs over the next two years as it embarks on a global restructuring programme ...

HSBC Continental Europe informs the public that the universal registration document including the 2024 annual financial ...

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

On 18 February 2025, HSBC Continental Europe’s Board of Directors reviewed the second half year results and approved the consolidated financial statements for 2024.

HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the ...

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