The dream of an all-round HSBC investment bank has ended. From now on, reality means trying to stay relevant without equities ...
Georges Elhedery will be eligible for a total remuneration package worth just over £15m as part of plans to be unveiled by ...
Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four business units.
HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday, accelerating a shift to Asia in its biggest retrenchment from investment banking in ...
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HSBC plans biggest investment banking retrenchment in decadesLONDON (Reuters) -HSBC plans to wind down its M&A and ... such as through initial public offerings. News of the plan on the eve of China's Lunar New Year, has sent shockwaves round the lender.
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