HSBC is also scaling back its mergers and acquisitions banking operations in the UK, Europe, and the US. But what does it ...

HSBC unveils a sweeping cost-cut plan targeting $1.5bn in savings, signalling thousands of job cuts mostly in the UK.

The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...

As for HSBC’s bonus schemes for employees, the company offers a quarterly incentive or annual bonus based on performance and ...

HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the ...

HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut ...

HSBC announce major cost-cutting drive including job losses as pre-tax profits top £25bn - The UK’s largest bank announced a ...

Boss Georges Elhedery (pictured) appeared to play down concerns over the blocking of pension savings from UK nationals who ...

Banking giant HSBC has revealed it is kicking off a round of jobs cuts in the UK and worldwide as it seeks to slash costs by ...

HSBC Holdings Plc expects $1.8 billion in costs over the next two years as it embarks on a global restructuring program that ...

HSBC added that it plans to incur costs of US$1.8 billion over 2025 and 2026 to deliver the reductions. Mr Elhedery has moved ...