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

HSBC fired investment bankers on the day they were due to learn their bonus figures and gave no bonuses to many it let go, in ...

British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses — ...

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 ...

Trading is much more significant to HSBC than the European and US ECM and M&A businesses it is already shutting down, says ...

In an interview with Hong Kong media, Georges Elhedery, CEO of HSBC HOLDINGS (00005.HK), said that the decision on how to ...

In a move that’s raised eyebrows across the finance sector, multinational banking giant HSBC has reportedly laid off several ...

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, ...

According to FT, the decision was taken as part of a larger plan to cut costs under HSBC's new CEO, Georges Elhedery, who ...

British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses — and denied giving them their annual payout, according to a report.

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