HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...
HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a ...
HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest ...
For years HSBC Holdings Plc harbored dreams of becoming a major player on Wall Street and in the City of London. This week, it finally called time on those ambitions.
HSBC will shut key parts of its investment banking business in the UK, Europe and the Americas as part of chief executive ...
The failed Zing initiative represents a cautionary tale about why some traditional banks struggle to innovate successfully ...
HSBC’s decision to exit the M&A and ECM markets outside Asia is seen as a blow to London’s reputation as a global hub for ...
Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four ...
Plus, Brighthouse Financial considers a sale as asset managers clamour for insurers and Golden Goose lands a non-IPO deal ...
HSBC is pulling back on Wall Street. The London-based bank plans to stop advising companies on doing deals and going public in the U.S., the U.K. and continental Europe, according to a memo sent to ...
HSBC Holdings PLC (UK Reg) hit a new 52-week high, surpassing its previous peak of £8.30, which the company achieved on January 23rd.
Boss Georges Elhedery (pictured) is pressing ahead with an overhaul of the Asia-focused bank including a geographic split ...