Oct. 22 (UPI) --British financial giant HSBC announced a new consolidation of its operations on Tuesday into four ...

HSBC has cost advantages and significant intangible assets in its core market of Hong Kong that help it generate strong earnings there even when the local economy is weaker. HSBC has operations in ...

RBC Capital raised the firm’s price target on HSBC (HSBC) to 775 GBp from 750 GBp and keeps a Sector Perform rating on the shares. Published first on TheFly – the ultimate source for real-time, market ...

LONDON, Oct 23 (Reuters) - Some senior HSBC (HSBA.L), opens new tab staff should brace for job cuts after the bank's latest restructuring, Chief Executive Georges Elhedery told staff in a memo ...

HSBC is simplifying its organizational structure into four businesses to streamline its businesses and reduce costs months after its new chief executive took over reins. Europe's largest bank by ...

To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. HSBC CEO Georges Elhedery on Tuesday answered the question that had burned at analysts over the week since ...

In a report released today, Benjamin Toms from RBC Capital maintained a Hold rating on HSBC Holdings (HSBA – Research Report), with a ...

Hong Kong/London — HSBC said Tuesday that it would combine some of its commercial and investment banking operations in a major overhaul under its new CEO, which will see it cut costs while ...

By Ravi Mattu Reporting from London HSBC announced its biggest restructuring in a decade on Tuesday, splitting itself into four divisions, combining some of its commercial and investment banking ...

HONG KONG, Oct 25 (Reuters) - HSBC's (HSBA.L), opens new tab Hong Kong unit has joined China's worldwide interbank renminbi payment system (CIPS) as a direct offshore participant, according to a ...