HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs, source says
HSBC , has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as ...
HSBC hit by fresh Hong Kong row: Bank accused of 'shrugging its shoulders' in the face of Chinese oppression
Boss Georges Elhedery (pictured) appeared to play down concerns over the blocking of pension savings from UK nationals who ...
Standard Chartered to invest US$1.5 billion in profit-driving wealth business
Standard Chartered, one of Hong Kong's three note-issuing banks, will invest US$1.5 billion in its wealth-management business ...
HSBC eyes $1.8 billion in cost cuts by 2026 as new CEO looks to boost returns
HSBC on Wednesday said it aims to save $1.8 billion in costs by the end of next year, as its new CEO revamps the bank to ...
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HSBC cuts rates on fixed mortgages in Hong Kong amid slumping sales
"Large banks may follow HSBC," said Eric Tso Tak-ming, chief vice-president of mortgage broker mReferral. In September, Bank of China (Hong Kong) and Standard Chartered launched similar plans ...
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HSBC targets $1.5 bn in annual cost savings after revamp
Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and ...
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HSBC sponsors Lunar New Year fireworks to celebrate 160th anniversary
HSBC is sponsoring the upcoming Lunar New Year fireworks display, celebrating both Hong Kong’s festive traditions and the bank’s 160th anniversary. Titled “HSBC 160th Anniversary Presents ...