HSBC Holdings (NYSE:HSBC) is mulling combining its commercial and investment bank arms as part of an effort to consolidate redundant roles throughout the firm and reduce expenses, according to a ...

Hong Kong/London — HSBC said Tuesday that it would combine some of its commercial and investment banking operations in a major overhaul under its new CEO, which will see it cut costs while trying to ...

HSBC Holdings PLC HSBC entered into a joint agreement with Grupo Financiero Galicia (“Galicia”) to sell its Argentina business. The transaction is valued at $550 million and aims to shift its focus on ...

HSBC Holdings Plc is weighing combining its commercial and investment bank divisions as part of new Chief Executive Officer Georges Elhedery’s push to eliminate overlapping roles across the company ...

HSBC Holdings Plc’s HSBC subsidiary, HSBC Continental Europe,has reached an agreement to sell its custody operations in Germany to BNP Paribas BNPQY. This potential transaction marks another milestone ...

HSBC (NYSE:HSBC) will sell its Argentina business for $550M to Buenos Aires-based Grupo Financiero Galicia and book a $1B pre-tax loss from the sale in Q1 2024. The deal - expected to be completed in ...

LONDON (Reuters) -HSBC Holdings is currently exploring a sale of its South Africa businesses, Bloomberg News reported on Tuesday, as the once globe-spanning company continues to move its focus towards ...

PARIS--(BUSINESS WIRE)--Regulatory News: On 20 February 2024, HSBC Continental Europe’s Board of Directors reviewed the second half year results and approved the bank’s consolidated financial ...

HSBC Holdings Plc (NYSE:HSBC) is reportedly planning to recruit about 50 more bankers in its U.S. commercial bank to lend to startup companies, mainly in the technology and healthcare sectors. The ...

HSBC’s custody business in Germany focuses on domestic custody, clearing and depository services for German institutional clients. Although the financial terms of the agreement remain undisclosed, the ...