The London-headquartered, Asia-focused bank is embarking on a major restructuring under its new CEO that will slash the ...

HSBC Holdings CEO Georges Elhedery says "China Plus One" has created a virtuous circle in Asia, referring to the strategy of diversifying away from just China. He speaks at the Hong Kong Monetary ...

As part of the restructuring, HSBC plans to retire its general manager titles for senior staff, replacing them with managing ...

Diverting investments from China to neighbouring economies as a hedge against tariffs and geopolitical risks will boost ...

Boss Georges Elhedery (pictured) is splitting the firm into four divisions: Hong Kong; UK; corporate and institutional ...

HSBC Holdings Plc has initiated a major restructuring within its corporate and institutional banking division, requiring ...

CEO Georges Elhedery said at the Global Financial Leaders' Investment Summit that China's wealth growth is among the fastest ...

HSBC intends to reduce its workforce by removing top bankers as part of its business streamlining efforts. This aligns with ...

Discover HSBC fee-free Premier banking with 24/7 service, financial planning, and travel benefits—targeting UK mass affluent ...

HSBC is to lay off hundreds of top bankers as bosses scramble to cut costs and slim down the sprawling organisation.

Bank will start to lay off several hundred managing directors and other senior bankers in coming weeks, sources say. Read ...

HSBC Holdings is requiring managers to reapply for their jobs within the newly established corporate and institutional banking division.