CEO Elhedery’s fixed pay would be roughly halved under the new plan, while his potential bonus would be much higher, a person ...

A major UK-based bank is set to scale back certain parts of its banking operations in the UK, Europe, and the Americas as ...

RBC, Jefferies and BNP Paribas are well placed to make gains as HSBC retrenches after Deutsche Numis shows momentum ...

HSBC is set to wind down parts of its investment banking operations across the UK, Europe and North America as part of a ...

HSBC to wind down parts of investment banking units in UK, Europe and US - Georges Elhedery has overseen a significant ...

Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four ...

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 ...

HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday, ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC will shut key parts of its ...

HSBC's deputy global head of equities Selene Chong is taking a leave of absence from her role, two sources with knowledge of ...

HSBC lacks the scale in New York, London or continental Europe to compete against Wall Street giants, and the move is aimed ...

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