HSBC posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of the ...

Georges Elhedery’s major shake-up of HSBC will shave $1.5bn off the bank’s total costs, according to reports. The Financial Times and Bloomberg have both reported that the cost savings will be ...

HSBC Holdings HSBC reported a fourth-quarter 2024 pre-tax profit of $2.23 billion, up substantially from $977 million in the prior-year quarter. Stay up-to-date with all quarterly releases: See Zacks ...

HSBC Holdings' (NYSE:HSBC) plan to pull staff back to the office could eat into more than 10% of its $1.5B annual cost-cutting target, according to a media report published Monday. In the weeks ahead, ...

HSBC's share price has risen to an 11-year high in Hong Kong - Copyright AFP Peter PARKS HSBC's share price has risen to an 11-year high in Hong Kong - Copyright AFP ...

British bank HSBC Holdings PLC announced Wednesday that it will sell most of its retail locations across the U.S., reducing 148 branches down to 58 and winding down an additional 35 to 40 branches.

(Reuters) -HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring initiatives, the Financial Times reported on Thursday. The bank's ...

HSBC is offering the biggest ever bank account switching offer on record - but only for those that are rich enough to meet its criteria. Is it a good deal?