HSBC Holdings Plc is weighing a wave of deep job cuts over the coming years as Chief Executive Officer Georges Elhedery bets on AI to shrink its middle and back office footprint, ...

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 ...

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 ...

Lender's AT1 bond sale is the first since Iran conflict froze the market, with Hong Kong's stability making it the natural venue: analyst HSBC Holdings plans to raise US$2.5 billion by issuing two ...

HSBC stock is counting on the bank’s Asia-focused strategy, as strong profitability and rising dividends and share buybacks ...

HSBC Holdings PLC HSBC entered into a joint agreement with Grupo Financiero Galicia (“Galicia”) to sell its Argentina business. The transaction is valued at $550 million and aims to shift its focus on ...

Europe's largest lender HSBC's first-quarter results on Tuesday beat estimates on the back of robust performance of its wealth business as well as strength in its corporate and institutional banking ...

LONDON, July 17 (Reuters) - HSBC Holdings Plc (HSBA.L), opens new tab has appointed its Chief Financial Officer Georges Elhedery as its next CEO, the bank said on Wednesday, opting for continuity as ...

HSBC’s custody business in Germany focuses on domestic custody, clearing and depository services for German institutional clients. Although the financial terms of the agreement remain undisclosed, the ...

HSBC Holdings’ (NYSE: HSBC) shares are trading relatively flat in the premarket session on Friday. The banking giant recently announced plans to exit its retail banking operations in Sri Lanka, ...

HSBC (NYSE:HSBC) will sell its Argentina business for $550M to Buenos Aires-based Grupo Financiero Galicia and book a $1B pre-tax loss from the sale in Q1 2024. The deal - expected to be completed in ...