HSBC Holdings Plc implements short-term retention agreements for investment bankers as part of major restructuring led by new ...

B anking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end ...

The move has fuelled speculation that a sweeping overhaul along east-west lines at the bank was laying the groundwork for a ...

The results are the first under former CFO Georges Elhedery, who took over as CEO in September from Noel Quinn. Elhedery's cost-cutting plans include simplifying HSBC's structure. Its Asia-Pacific ...

The process to find a new chief executive for HSBC UK is now underway, with Ian Stuart set to assume his new role once a ...

The figures come against the backdrop of CEO Georges Elhedery embarking on costly restructuring just as the business outlook is muddied by divergence in central bank interest rate policies ...

Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end of ...

HSBC has said banks need to stop penalising clients with large carbon footprints amid a wider backlash against green finance.

HSBC Holdings Plc is kicking off a fresh round of job cuts at its investment bank as new Chief Executive Officer Georges Elhedery continues his overhaul of Europe’s biggest lender, according to ...

Ian Stuart, who has been chief executive of the bank's UK business for eight years, will move to the newly created role of ...

HSBC has kicked off a process to find a new CEO for its UK business after appointing Ian Stuart to a newly created role in ...

Bank i February kicked off cuts in its investment bank starting in Asia and affecting employees globally. Read more at ...