HSBC Holdings PLC appears to have found a solution to the challenge of getting employees back into the office by offering its ...
HSBC has cost advantages and significant intangible assets in its core market of Hong Kong that help it generate strong earnings there even when the local economy is weaker. HSBC has operations in ...
Brit Thomas Sutherland founded HSBC in Hong Kong in March 1865, opening its first office in Shanghai the following month. The principle was to have a local Asian bank to finance global trade in ...
HSBC Holdings Plc is still two years away from a planned move to a smaller City of London headquarters, but executives are already concerned the space won’t be big enough and are considering taking up ...
HSBC’s new chief executive is reportedly drawing up cost-cutting plans that could save Europe’s biggest lender up to $300m ...
The move is part of plans to downsize its office space following the Covid-19 pandemic, as the bank says it is now committed to flexible working. HSBC has told the BBC it is negotiating a new ...
Banking giant HSBC has been fined £63.9m by the UK's financial regulator for "unacceptable failings" of its anti-money laundering systems. The Financial Conduct Authority (FCA) said weaknesses in ...
suggesting that the cuts could fall most heavily on the London head office rather than client-facing staff around the world. Elhedery may combine two of HSBC’s three business lines: the ...
HSBC is based in London, but it makes more than half of its profits in Hong Kong, where it has around 30,000 staff. Office life in Hong Kong has returned to relative normality, and COVID-19 cases ...
HSBC (HSBC) said it completed the $3B share buyback announced at its interim results and intends to initiate a share buyback of up to $3B, which it expects to complete within the four-month period ...
HSBC Holdings Plc Chief Executive Officer Georges Elhedery wants investors to know one thing about his restructuring plan: it’s not about splitting up the bank. Asked repeatedly on Tuesday why ...
As of 10:00 AM EST. Market Open. Britain's big global lenders HSBC, Barclays and Standard Chartered are vying to tap into a boom in U.S. commercial banking as corporate America seeks expertise for ...