HSBC

HSBC Sees $1.8 Billion Cost Over Two Years in Elhedery Revamp

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

US Banks Are Flying Gold Worth Billions Of Dollars From London To New York. Here’s Why

US banks are scrambling to move billions of dollars worth of gold from London to New York, fueled by fears of a global trade ...

HSBC investors back CEO’s investment banking retrenchment

(Corrects first name of HSBC CEO in paragraph 4, date of results in paragraph 7) Planned cuts and fears of more dent morale, sources ...

Financial Times - Jan 29

Financial Times-January 29th

2025-01-29 10:10:00 : January 29th (Reuters) -The following is the primary story in the Financial Times. Reuters did not verify these stories and did ...

HSBC's payments app closure puts around 400 jobs at risk, source says

Sources say around 400 jobs are at risk as HSBC payments app shuts down

2025-01-23 14:20:00 : Sources say management has lost enthusiasm for year-old app Zing CEO pledges to sharpen focus, cut costs Sources will notify affected ...

HSBC CEO says new structure will unlock bank's full potential

HSBC CEO says new structure will unlock bank’s full potential

2024-10-22 11:08:00 : HSBC Chief Executive Georges Elhedery said the new leadership structure unveiled on Tuesday would “unlock our full potential and drive future ...