HSBC - Search News

HSBC to unveil $1.5bn savings

HSBC to unveil $1.5 billion of annual cost savings on February 19, FT reports

HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring initiatives, the Financial Times reported on Thursday.

Business Standard · 10h

HSBC plans to unveil $1.5 billion of annual cost savings on February 19

HSBC said that it plans to wind down its M&A and some equities businesses in Europe and the Americas, accelerating a shift towards Asia in its biggest retrenchment from investment banking

The Financial Times · 15h

HSBC to unveil $1.5bn savings as restructuring by new CEO kicks in

HSBC is preparing to unveil $1.5bn of annual cost savings from chief executive Georges Elhedery’s radical overhaul of the bank. Europe’s largest lender will lay out the figures for the first time on Wednesday,

PA Media on MSN · 2h

HSBC set to unveil bigger profits as cost-cutting overhaul in focus

Rivals Barclays and NatWest set the tone for the banking sector when they reported stronger earnings this week.

HSBC Plans Fresh Round of Investment Bank Job Cuts

YAHOO!Finance · 4h

HSBC investment bank job cuts to start in Asia next week-report

The redundancies will be staggered over several weeks and months, based on performance and to streamline operations.

Bloomberg L.P. · 6h

HSBC Prepares New Round of Investment Bank Job Cuts

Today could be the last day at HSBC for some investment bankers at Europe’s largest lender. Chief Executive Officer Georges Elhedery is wielding the knife again, starting his latest round of headcount cuts in Asia, according to people familiar with the matter. Layoffs are expected to begin next week and could last up to several months.

The Straits Times · 6h

HSBC plans new round of investment bank job cuts next week, starting in Asia: Sources

Some cuts are already under way, but wider layoffs will begin as early as Feb 17, sources said. Read more at straitstimes.com.

1h

Rheinmetall Gets Street-High Target as HSBC Sees Spending Boom

Price targets for German defense firm Rheinmetall AG are climbing, with HSBC Holdings Plc raising the bar to a new record in ...

9h

HSBC Set to Save $1.5B as the CEO’s Restructuring Revs Up

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

Hosted on MSN19h

HSBC restores service after online banking outage

HSBC services have been restored following a two-hour outage that impacted both online and mobile banking services in the UK.

5hon MSN

HSBC share price forecast ahead of earnings: buy or sell?

HSBC share price remains in a strong bull market and is hovering at its all-time high as investors watch the ongoing job cuts ...

54m

1HSBC, IDVZ : What's Going On With HSBC Stock Today?

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.

3d

South Korean court clears HSBC of violating short-selling rules

A South Korean court on Tuesday acquitted HSBC on charges of violating the country's short-selling rules, a court official ...

2d

HSBC down: Online banking and app not working in major outage

The apparent outage is the latest to hit major banks in recent weeks, with Barclays, Lloyds and Halifax all recently also ...

Business Times3d

HSBC buys stake in Singapore EV charging operator SP Mobility

THE asset management arm of HSBC has acquired a stake in Singapore electric vehicle (EV) charging point operator SP Mobility.

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