HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring ...

HSBC Holdings PLC (HSBC) (GB:HSBA) is reportedly poised to save $1.5 billion as CEO Georges Elhedery accelerates his bold ...

HSBC has been scaling back its worldwide footprint, exiting dozens of low-returning consumer banking activities, from France ...

HSBC said that it plans to wind down its M&A and some equities businesses in Europe and the Americas, accelerating a shift ...

Georges Elhedery, the boss of HSBC, will reportedly kick off more job cuts next week as he reveals his radical overhaul of ...

Shares in China's Xiaomi are up more than 30% in Hong Kong this year as the smartphone maker aims to deliver 300,000 EVs in ...

The rise of China's DeepSeek AI model is boosting Chinese tech firms including Alibaba, Baidu, and Xiaomi.

HSBC shares dip 0.25% premarket as it prepares to unveil $1.5 billion in cost savings and details of CEO-led restructuring on February 19.

The latest phase of cuts will start in Asia, but will ultimately affect employees globally, according to sources, who asked ...

Europe's largest bank in terms of total assets will present its annual figures. However, the result will probably be of secondary importance. Much more exciting is how CEO Georges Elhedery will ...

It expects 2025 NII guidance of more than USD32 billion, above consensus of USD31.8 billion. It also expects HSBC to extend 2025 return on tangible equity guidance of around 14% to 16% to 2026 to 2027 ...

A benchmark for Chinese technology stocks rose for a fifth straight week, hitting a three-year high, as companies in the ...