A general view of two cash machines outside a HSBC Uk bank in Sheffield ... Mr Elhedery has spearheaded an overhaul of its global structure as part of plans to drastically reduce costs and ...

The bank posted a drop in pre-tax profits for the first quarter, but announced a share buyback programme of up to $3bn.

This comes after CEO Georges Elhedery announced an overhaul of the bank's structure ... UK, corporate and institutional banking, as well as international wealth and premier banking. HSBC said ...

In its earnings release for the first quarter of 2025, the UK’s largest ... global structure as part of plans to drastically reduce costs and focus on more profitable parts of the business, including ...