HSBC agrees to offload its retail banking operations in Bahrain, excluding its corporate and private banking businesses, amid an ongoing transformation plan.
PARIS--(BUSINESS WIRE)--Regulatory News: On 18 February 2025, HSBC Continental Europe's Board of Directors reviewed the second half year results and approved the consolidated financial statements for
HSBC's new CEO Georges Elhedery aims to save $300 million in 2025. The bank also plans to reduce its cost base by $1.5 billion by the end of next year.
HSBC Holdings PLC (LSE:HSBA) shares were little moved after the FTSE 100 bank posted its final results, with analysts saying there was little to change opinions with the shares close to a 20-year hi
HSBC , Europe's biggest bank by assets, said on Wednesday it was pushing back its emissions-reduction goal to mid-century, as the real economy was moving too slowly to net zero, and would look to revi
HSBC Holdings PLC (LSE:HSBA) announced a $2 billion share buyback as it posted final results for a year when revenue was flat and underlying profits rose 4.3% to beat market expectations. Chief execut
HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and initiated sweeping restructuring of the Asia-focused lender, showed its 2024 financ
HSBC, Europe's largest lender, has announced a share buyback of up to $2 billion after posting a 6.5% increase in annual pre-tax profit, largely driven by the sale of its Canadian banking business. Ho
HSBC annual profit jumps 6.5%, marginally misses estimates
HSBC reported a 6.6% rise in annual profit on Wednesday, beating market expectations, as income withstood the impact of falling interest rates during a year in which sweeping restructuring pushed up c
HSBC said on Tuesday it has agreed to sell its retail banking operations in Bahrain amid a wider restructuring at the bank.
HSBC , has laid off around 40 investment bankers in Hong Kong as part of the bank's global restructuring, according to one source with direct knowledge of the matter.
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 activity.
HSBC share price remains in a strong bull market and is hovering at its all-time high as investors watch the ongoing job cuts and the upcoming earnings. HSBA stock has risen in the last three straight
HSBC 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 people familiar wit
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