Once a sprawling bank spanning more than 100 countries, HSBC has spent the last decade slowly shrinking its global footprint ...
Today could be the last day at HSBC for some investment bankers at Europe’s largest lender. Chief Executive Officer Georges ...
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GlobalData on MSNHSBC investment bank job cuts to start in Asia next week-reportThe redundancies will be staggered over several weeks and months, based on performance and to streamline operations.
HSBC has been a strong performer recently, with multiple expansion powering a ~60% return over the past 12 months. Read why I ...
The centrepiece of Elhedery’s announcement was a $1.5 billion annual cost-cut target by 2027, helped by closing bits of its U ...
Georges Elhedery, the boss of HSBC, will reportedly kick off more job cuts next week as he reveals his radical overhaul of ...
Some cuts are already under way, but wider layoffs will begin as early as Feb 17, sources said. Read more at straitstimes.com ...
The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...
HSBC is set to unveil bigger profits as investors prepare for an update on the bank’s cost-cutting overhaul, while earnings ...
Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital markets ...
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