Now HSBC’s new chief executive, Georges Elhedery, seems to be heeding one of the tried and tested lessons of investment ...

HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...

For years HSBC Holdings Plc harbored dreams of becoming a major player on Wall Street and in the City of London. This week, ...

The financial giant also noted that the move was aimed at simplifying its internal operations and focusing on its current key ...

HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a ...

HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest ...

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 ...

Corning (NYSE:GLW) shares are little changed in Thursday's trading as HSBC upgrades shares of the company that specializes in ...

HSBC lacks the scale in New York, London or continental Europe to compete against Wall Street giants, and the move is aimed ...

Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four ...

Plus, Brighthouse Financial considers a sale as asset managers clamour for insurers and Golden Goose lands a non-IPO deal ...

The money transfer app, launched with initial plans to compete in the U.K. with fintechs like Wise and Remitly, will be ...