HSBC unveils cost cuts in drive to create a 'simple, more agile, focused bank'
The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...
HSBC: UK's largest bank announces job cuts - how it might affect branch closures
HSBC is also scaling back its mergers and acquisitions banking operations in the UK, Europe, and the US. But what does it ...
Four banks fined $132 million for sharing UK bond market information
Britain's competition regulator has fined Citi, HSBC, Morgan Stanley and Royal Bank of Canada (RBC) a combined 104.5 million ...
HSBC delays net-zero emissions target by 20 years
HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the ...
HSBC sees $1.8 billion in revamp related costs as new CEO looks to boost returns
HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut ...
HSBC and other banks fined after using chat rooms to discuss gilt trades
Employees at Citi, HSBC, Morgan Stanley and Royal Bank of Canada all unlawfully exchanged information about the buying and ...
UK banks hit with £100M penalty for breaching gilt trading rules
Citi, HSBC, Morgan Stanley, and Royal Bank of Canada—have been fined a combined total of more than £100mn by the UK’s Competition and Markets Authority (CMA) following an investigation into the ...
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HSBC UK: major bank announces job cuts and delays net-zero emissions targets following results - news
HSBC is also scaling back its mergers and acquisitions banking operations in the UK, Europe, and the US. But what does it mean for the bank’s operations in the UK, and will the news lead to the ...
HSBC Expects Revamp to Cost $1.8 Billion Over Two Years
HSBC Holdings Plc expects $1.8 billion in costs over the next two years as it embarks on a global restructuring program that ...