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 ...

Hong Kong’s biggest bank announced US$2 billion in a share buy-back programme and 87 US cents per share in dividend.

HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets ...

Hong Kong and Singapore have the best performing mobile banking apps in Asia, a global study found, though they lag behind ...

HSBC , has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as ...

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

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

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

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

Leaders at global and regional law firms say deals between Asia and the Middle East will increase, as both regions have ...

HSBC investors are backing CEO George Elhederys decision to shut parts of its investment bank in the Americas and Europe, ...