HSBC’s customers base increased to 6.2 million last year from 5.4 million, showing the importance of the city, Elhedery says.

The layoffs take place as deal-making activity in Asia and around the world declines. Investment banks like HSBC are facing further difficulties as a result of weak market circumstances in China and ...

Banks may still chafe against other post-crisis rules, such as long vesting periods for stock-based rewards, but those structures rightly limit the potential for abuse and a new systemic crisis.

The musical chairs have started one rung down from the big banks’ top jobs, and everyone is looking for new hires. When will ...

In a bold move aimed at cutting costs, HSBC has laid off a group of investment bankers, leaving many shocked and angry. The ...

The recent Global Investment Summit (GIS), held in Hong Kong, is a testament to the power of connection in today’s fast-evolving economic landscape. With over 4,000 delegates in attendance, this event ...

BEIJING -- President Xi Jinping met with more than 40 representatives of the international business community in Beijing on ...

Chinese President Xi Jinping met with more than 40 representatives of the international business community in Beijing ...

Xi Jinping has urged global business leaders to work together to protect supply chains at a meeting with a group of ...

HSBC has taken drastic cost-cutting measures by firing investment bankers on the day they were expecting their bonuses. The layoffs are part of a broader strategy to focus on Asia and the Middle East, ...

Bloomberg News recently reported that HSBC is in the early stages of considering whether to outsource parts of its ...