HSBC’s private banking franchise in the Middle East stands out for the clarity and consistency of its international proposition. In a region characterised by rapid wealth creation, increasing global ...
HSBC issued no bonuses to axed investment bankers, despite letting them go on the day they were set to learn their pay award figures. The FTSE giant told staff in its investment arm last month that ...
The resilient global economy continues to provide growth opportunities that help investors remain invested while ...
HSBC’s exit from ECM and M&A in Western markets wasn’t a surprise. The bank said its activities in those markets cost it around US$300m a year and were not materially profitable. So a straightforward ...
LONDON/HONG KONG, Feb 17 (Reuters) - Investors in HSBC (HSBA.L), opens new tab are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald Trump's ...
LONDON (Reuters) -HSBC is to wind down its M&A and equities businesses in Europe, Britain and the Americas, it said on Tuesday, as it accelerated its shift to Asia in its biggest retrenchment from ...
HSBC said it does not plan any further share buybacks later this year after a sharp drop in its capital ratios, although it managed to avoid the sizeable fall in investment banking revenues that ...
HSBC Holdings Plc is weighing combining its commercial and investment bank divisions as part of new Chief Executive Officer Georges Elhedery’s push to eliminate overlapping roles across the company ...