HSBC Holdings PLC (HSBC) (GB:HSBA) is reportedly poised to save $1.5 billion as CEO Georges Elhedery accelerates his bold ...

The redundancies will be staggered over several weeks and months, based on performance and to streamline operations.

HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring ...

Georges Elhedery, the boss of HSBC, will reportedly kick off more job cuts next week as he reveals his radical overhaul of ...

Fears that Trump could impose a blanket tax on all imports from Europe, including gold, has prompted a massive influx of the ...

Much of the gold has been shipped to New York City where the commodity is, for the moment, worth substantially more than in ...

HSBC global economist James Pomeroy recently visited the Isle of Man for the first time to provide an update to the bank’s ...

Today could be the last day at HSBC for some investment bankers at Europe’s largest lender. Chief Executive Officer Georges ...

UK CPI (Jan) – 19/02 – having cut interest rates by 25bps at its recent meeting the Bank of England will be hoping that the ...

HSBC set to unveil bigger profits as cost-cutting overhaul in focus - Rivals Barclays and NatWest set the tone for the ...

In a few months, Elhedery has combined HSBC's commercial and investment banking units, taken the decision to pull back from M&A and equity capital markets in markets including the U.K. and Americas, ...

Citing two people familiar with the matter, the FT reported that the savings will largely come from HSBC's decision to ...