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

The downsizing will be done through layoffs, natural attrition, and reassignments within HSBC's operations in China.

HSBC (OTCPK:HBCYF) (NYSE:HSBC) is reducing the workforce at its China digital wealth business Pinnacle by nearly half, or about 900 people, Reuters reported citing sources familiar with the matter.

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The sudden rise of DeepSeek represents an opportunity for banks and financial firms to access a low-cost but still ...

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 increases its focus in China. The 160-year-old ...

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

HSBC on Monday downgraded US equities, citing uncertainty around tariffs, while turned bullish on European stocks following ...

HONG KONG (Reuters) - HSBC is reducing staff numbers at its China digital wealth business Pinnacle by nearly half, or about 900 people, two sources said, a sharp reversal of the bank's ambition ...