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 ...

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

Standard Chartered reported a drop in fourth-quarter net profit and said it will start a $1.5 billion share buyback, sending the stock to a new near-decade high. The London-based bank said Friday that ...

Deutsche appears to have completed its hiring push. Last September, it even added a layer of management with the appointment ...

The London-based bank’s chief executive is concentrating on streamlining the lender’s businesses and reducing costs.

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

HSBC Holdings PLC (LON:HSBA) posted a 6.6% rise in annual profit, driven by gains from its wealth management and trading ...

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 Holdings PLC reported a 6.5% rise in annual pre-tax profit to $32.3 billion on Wednesday, as the London-based lender ...

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

HSBC (HSBC), the Hong Kong- and U.K.-focused bank, expects to pay $1.8B over two years in severance and other up-front costs ...