HSBC’s chief executive Georges Elhedery has said he would be “ruthless” in overhauling Europe’s largest lender, insisting that it was “not an option” for the bank to fail to become a top five player ...

Europe’s biggest lender, HSBC, has named a new chair following its tumultuous recruitment programme after the departure of ...

HSBC’s exit from ECM and M&A in Western markets wasn’t a surprise. The bank said its activities in those markets cost it around US$300m a year and were not materially profitable. So a straightforward ...

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 ...

HSBC Holdings' interim chairman Brendan Nelson will move into that role on a permanent basis, in a surprise move that came ...

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 ...

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 ...

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 ...

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 Global Investment Research estimates that OpenAI may need about $207 billion in additional funding by 2030 to sustain ...