HSBC Holdings Plc is redoubling efforts to revive its flagging Hong Kong investment banking franchise, deploying its top leadership to win back market share as competition intensifies in Asia’s ...

PARIS--(BUSINESS WIRE)--Regulatory News: On 20 February 2024, HSBC Continental Europe’s Board of Directors reviewed the second half year results and approved the bank’s consolidated financial ...

HSBC Holdings HSBC is undergoing a strategic transformation, shifting its focus toward Asia while restructuring key parts of its global operations. Let’s have a look at the bank’s strategic plan and ...

After shutting its retail banking business in the United States in 2021, HSBC Holdings PLC HSBC is now set to close its business banking division in the country. This announcement comes amid the ...

HSBC Holdings’ HSBC U.K. division, HSBC UK Bank plc, has announced the sale of its private client trust business – HSBC Trust Company (UK) Limited – to Ludlow Trust. The financial terms of the ...

Hong Kong/London — HSBC said Tuesday that it would combine some of its commercial and investment banking operations in a major overhaul under its new CEO, which will see it cut costs while trying to ...

NEW YORK--(BUSINESS WIRE)--HSBC announced that Lisa McGeough has officially been appointed President and Chief Executive Officer for the United States, effective January 1, 2025. In this role, Lisa ...

By Selena Li HONG KONG, May 20 (Reuters) - HSBC Chief Executive Georges Elhedery said on Wednesday AI would destroy and ...

HSBC, which once billed itself as the world's local bank and built a global network of retail banking businesses, has in recent years been cutting those back in a bid to improve profits. The disposals ...

HSBC Holdings, Plc. (NYSE:HSBC) shares traded higher on Tuesday after the company reported first-quarter results. Revenue decreased 13% year over year (Y/Y) to $17.6 billion due to business ...

The investment objective of the Scheme is to seek to generate long-term capital appreciation from a portfolio of predominantly equity and equity related securities, including equity derivatives, in ...