HSBC on Wednesday said it aims to save $1.8 billion in costs by the end of next year, as its new CEO revamps the bank to boost profit while navigating mixed interest rate policies and profound geopolitical changes.

Hong Kong’s biggest bank announces US$2 billion share buy-back programme and US$0.87 per share dividend for 2024.

HSBC said it will repurchase up to $2 billion in shares, expected to be completed by the end of their first quarter of 2025. These are the lender's first full-year results with Ge

HSBC reported a 6.6% rise in annual profit on Wednesday, beating market expectations, as income withstood the impact of falling interest rates during a year in which sweeping restructuring pushed up costs.