HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...
HSBC’s decision to exit the M&A and ECM markets outside Asia is seen as a blow to London’s reputation as a global hub for ...
The dream of an all-round HSBC investment bank has ended. From now on, reality means trying to stay relevant without equities ...
ASIA: In a significant realignment, HSBC has announced its decision to scale down its mergers and acquisitions (M&A) and ...
LONDON -- U.K.-based financial services company HSBC Holdings is forging ahead with a restructuring plan that will downsize ...
HSBC is set to cut its investment banking operations in EU and U.S. markets. The U.K.-based bank will instead focus more on ...
HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a ...
HSBC is “underweight” Singapore equities, given its strong performance in 2024. The banks are likely to see their earnings ...
Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four ...
HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest ...
HSBC lacks the scale in New York, London or continental Europe to compete against Wall Street giants, and the move is aimed ...
HSBC’s strategic retreat is a bold move, but it’s not without risks. The bank’s success will depend on its ability to execute ...