HSBC intends to reduce its workforce by removing top bankers as part of its business streamlining efforts. This aligns with ...

The London-headquartered, Asia-focused bank is embarking on a major restructuring under its new CEO that will slash the ...

HSBC is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so-called mass affluent customers who have ...

HSBC Holdings CEO Georges Elhedery says "China Plus One" has created a virtuous circle in Asia, referring to the strategy of ...

HSBC is to lay off hundreds of top bankers as bosses scramble to cut costs and slim down the sprawling organisation.

Bank will start to lay off several hundred managing directors and other senior bankers in coming weeks, sources say. Read ...

As part of the restructuring, HSBC plans to retire its general manager titles for senior staff, replacing them with managing ...

HSBC Holdings Plc has initiated a major restructuring within its corporate and institutional banking division, requiring ...

CEO Georges Elhedery said at the Global Financial Leaders' Investment Summit that China's wealth growth is among the fastest ...

Boss Georges Elhedery (pictured) is splitting the firm into four divisions: Hong Kong; UK; corporate and institutional ...

Diverting investments from China to neighbouring economies as a hedge against tariffs and geopolitical risks will boost ...