Standard Chartered, one of Hong Kong's three note-issuing banks, will invest US$1.5 billion in its wealth-management business ...

HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly on ...

Boss Georges Elhedery (pictured) appeared to play down concerns over the blocking of pension savings from UK nationals who ...

Hang Seng Bank is well capitalized and in solid financial shape. Even after recording large provisions in 2022 and 2023 for its exposure to mainland China commercial real estate, its common equity ...

Nature, extreme wellness, gourmet and eco credentials… Switzerland's best mountain resorts know what the ultra-wealthy want ...

HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut ...

HSBC (HSBC), the Hong Kong- and U.K.-focused bank, expects to pay $1.8B over two years in severance and other up-front costs ...

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 boost profit while navigating mixed interest rate policies and profound ...

Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and ...