HSBC has put some staff on short-term “gig economy” contracts as part of an aggressive cost-cutting drive overseen by its new ...

HSBC Holdings (NYSE:HSBC) is putting some bankers on short-term retention deals to close out client mandates as certain ...

HSBC Holdings is placing some of its investment bankers on short-term retention agreements as it winds down various ...

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 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 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 ...

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

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 ...

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