HSBC to Shutter Some Investment Banking Units in Europe, US
HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest sign that Chief Executive Officer Georges Elhedery is willing to be ruthless in his ongoing restructuring of the bank.
HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...
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 announces major cuts to its investment banking operations in the UK, Europe, and Americas, focusing on more profitable ...
The money transfer app, launched with initial plans to compete in the U.K. with fintechs like Wise and Remitly, will be ...
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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