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

The centrepiece of Elhedery’s announcement was a $1.5 billion annual cost-cut target by 2027, helped by closing bits of its U ...

The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...

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 ...

Q4 2024 Earnings Call Transcript February 21, 2025 Operator: Ladies and gentlemen, welcome to the Investor and Analyst ...

HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets ...

Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and ...

is putting the finishing touches to an overhaul of CEO Georges Elhedery's pay deal ahead of its annual results this month. HSBC is understood to have been consulting leading shareholders on the ...

Georges Elhedery, the HSBC chief executive, has moved at pace to reorganise the bank’s sprawling empire - Paul Yeung/Bloomberg HSBC is preparing to axe thousands of jobs across Britain as it ...

Once a sprawling bank spanning more than 100 countries, HSBC has spent the last decade slowly shrinking its global footprint ...

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 ...