The London-headquartered, Asia-focused bank is embarking on a major restructuring under its new CEO that will slash the ...

HSBC Holdings CEO Georges Elhedery says "China Plus One" has created a virtuous circle in Asia, referring to the strategy of ...

Boss Georges Elhedery (pictured) is splitting the firm into four divisions: Hong Kong; UK; corporate and institutional ...

HSBC is to lay off hundreds of top bankers as bosses scramble to cut costs and slim down the sprawling organisation.

CEO Georges Elhedery said at the Global Financial Leaders' Investment Summit that China's wealth growth is among the fastest ...

HSBC intends to reduce its workforce by removing top bankers as part of its business streamlining efforts. This aligns with ...

HSBC Holdings Plc has initiated a major restructuring within its corporate and institutional banking division, requiring ...

Diverting investments from China to neighbouring economies as a hedge against tariffs and geopolitical risks will boost ...

Bank will start to lay off several hundred managing directors and other senior bankers in coming weeks, sources say. Read ...

HSBC Holdings is requiring managers to reapply for their jobs within the newly established corporate and institutional banking division.

HSBC Holdings has asked hundreds of managers to reapply for jobs in the firm’s newly formed corporate and institutional ...

The UK's biggest bank is reportedly asking hundreds of managers in its corporate and investment banking arm to re-interview ...