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 ...

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

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

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

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

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

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.

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

HSBC is forcing managers in its newly formed corporate and institutional banking arm to reapply for their jobs, according to ...

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