HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly on ...

CEO Georges Elhedery has shaken up structure and leadership since taking over in September to focus on areas of strength ...

The bank has reported a profit before tax of USD 1.517 billion in 2023 from its India operations, where it operates 26 ...

HSBC Holdings Plc will incur US$1.8bil in costs over the next two years as it embarks on a global restructuring programme ...

On 18 February 2025, HSBC Continental Europe’s Board of Directors reviewed the second half year results and approved the consolidated financial statements for 2024.

HSBC Holdings Plc expects $1.8 billion in costs over the next two years as it embarks on a global restructuring program that has seen the lender shutter some of its businesses and slash management ...

HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the ...

HSBC added that it plans to incur costs of US$1.8 billion over 2025 and 2026 to deliver the reductions. Mr Elhedery has moved ...

HSBC Holdings PLC HSBC has agreed to sell its retail banking operations in Bahrain to the Bank of Bahrain and Kuwait (BBK) in ...

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 ...

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