Hong Kong’s biggest bank announced US$2 billion in a share buy-back programme and 87 US cents per share in dividend.
The centrepiece of Elhedery’s announcement was a $1.5 billion annual cost-cut target by 2027, helped by closing bits of its U ...
HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut ...
HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets ...
HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and ...
Hong Kong and Singapore have the best performing mobile banking apps in Asia, a global study found, though they lag behind ...
HSBC Holdings is preparing to commence job cuts within its investment bank as part of CEO Georges Elhedery's ongoing ...
HSBC Holdings Plc expects $1.8 billion in costs over the next two years as it embarks on a global restructuring program that ...
Some cuts are already under way, but wider layoffs will begin as early as Feb 17, sources said. Read more at straitstimes.com ...
HSBC investors are backing CEO George Elhederys decision to shut parts of its investment bank in the Americas and Europe, ...
Today could be the last day at HSBC for some investment bankers at Europe’s largest lender. Chief Executive Officer Georges ...