This was first reported by Bloomberg. Numerous managers in HSBC’s recently established Corporate and Institutional Banking (CIB) division have been told to apply again for their jobs ...
HSBC's new boss has announced a major overhaul of the bank's structure, splitting geographically into eastern and western markets amid increasing geopolitical tensions and a need to cut costs.
HSBC and the World Bank's International Finance Corporation (IFC) will jointly provide funding to trade transactions valued ...
HSBC makes most of its money in Asia and has increased its focus on the region in recent years - Lam Yik/REUTERS HSBC is to lay off hundreds of top bankers as bosses scramble to cut costs and slim ...
HSBC has unveiled a sweeping overhaul of the bank by splitting it into East and West, raising fears the move could lead to ...
HSBC has seen its quarterly profits jump by 10% as the UK-based banking giant embarks on one of the biggest shakeups in its 159-year history. The firm said its pre-tax profits rose to $8.5bn (£6 ...