According to sources, underperforming employees in areas such as investment banking and wealth management will be impacted.

According to a leaked internal staff memo sent today, HSBC is scaling back its investment banking operations in the UK, Europe, and the Americas as part of CEO Georges Elhedery’s restructuring plan to ...

Just over a year ago, HSBC chief executive Georges Elhedery unveiled one of the most consequential parts of his grand ...

HSBC has unveiled a raft of senior changes to its key units as the U.K. lender continues to overhaul its business under new chief executive Georges Elhedery. The U.K. lender has installed Adam Bagshaw ...

HSBC Holdings (LSE:HSBA) is pushing to rebuild its investment banking franchise in Hong Kong. The bank is targeting faster ...

LONDON (Reuters) -HSBC is to wind down its M&A and equities businesses in Europe, Britain and the Americas, it said on Tuesday, as it accelerated its shift to Asia in its biggest retrenchment from ...

LONDON/HONG KONG (Reuters) - Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald Trump's deregulatory agenda fuels hopes for a boom ...

HSBC has once again been recognised as the best investment bank in the Middle East, affirming its longstanding leadership across equity and debt capital markets, advisory and structured finance. More ...

HSBC expects no further changes in the repo rate through FY27, adding that the RBI is likely to remain agile in providing ...

HSBC will shut down parts of its investment banking business in non-Asian markets, focusing on more scalable sectors. CEO Elhedery’s restructuring aims to streamline operations, with investment ...