HSBC is quitting M&A advisory and equity capital market activities in the UK, the rest of Europe and the Americas in a major retrenchment for its investment bank as CEO Georges Elhedery continues to ...

The big question with closing ECM and M&A advisory in Europe and the Americas is what synergies could be lost for the rest of ...

The erstwhile “world’s local bank” is getting more local. In an announcement on Tuesday that took many by surprise, HSBC ...

Just 12 months after its launch, HSBC announced the closure of international payments app Zing in January 2025. FStech news ...

Why was anyone surprised by HSBC’s announcement the other day that it is exiting equity capital markets and M&A advisory in Europe and Asia but maintaining a presence in the Middle East and Asia?

The London-based lender began informing select managers in its corporate advisory and equity underwriting teams in New York, ...

HSBC (HSBA.L) is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as ...

HSBC Holdings PLC CEO Georges Elhedery earlier this week said it is shuttering large parts of its investment bank in Europe and the US. Even Swiss private banking is not immune to the turmoil: UBS ...

Under CEO Georges Elhedery, who replaced Noel Quinn in September, HSBC is now overhauling its dealmaking and corporate advisory activities in the West in a bid to boost returns and tighten its focus ...

HSBC (HSBA.L) is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a major shake-up of its investment banking operations, a memo ...

Now HSBC’s new chief executive, Georges Elhedery, seems to be heeding one of the tried and tested lessons of investment banking: like heading a football, if you are not absolutely committed to the ...