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

HSBC Holdings Plc has assigned additional roles to country heads in smaller Asian markets to streamline operations and cut ...

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 is reducing staff numbers at its China digital wealth business Pinnacle by nearly half, or about 900 people, two sources ...

Without directly addressing staffing, a spokesperson for the lender says wealth management in China remains a ‘priority’.

HSBC is cutting its China digital wealth business Pinnacle by nearly half, reflecting challenges in boosting growth and ...

The reversal underscores the challenges the Asia-focused bank faces to boost growth and profitability in China at a time when ...

HSBC bankers in London were asked to work from home on Feb. 21 as the bank moved to make some deep cuts to M&A, equity capital markets and sector dealmaking teams. Some bankers affected by the cuts ...

HSBC Holdings plans to issue a total of US$1.5 billion in perpetual bonds, the third round of fundraising since June, in ...

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

HSBC Holdings has started cutting jobs in London, it was reported on Wednesday, as the blue chip looks to wind down its investment banking offering outside of Asia.