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 ...

All necessary regulatory approvals were obtained, and the transaction was completed on January 1, 2024. The proposed deal was initially announced by HSBC in June 2021. Get special access to three ...

HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the U.K. and the U.S. amid a broader overhaul of its investment banking operations. "As part of our ongoing ...

HSBC 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 and shed ...

HSBC has expanded its Innovation Banking unit to Singapore, allocating $1.5bn to support startup companies in the city-state.

PARIS--(BUSINESS WIRE)--Regulatory News: On 18 February 2025, HSBC Continental Europe’s Board of Directors reviewed the second half year results and approved the consolidated financial statements for ...

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 ...

After shutting its retail banking business in the United States in 2021, HSBC Holdings PLC HSBC is now set to close its business banking division in the country. This announcement comes amid the ...

As Vivek Ramachandran, HSBC’s head of global trade and receivables finance, puts it: “We are not a bank that does trade. We ...

Ten months after its unusual regional retreat in equity capital markets and M&A, HSBC has had a good year in debt capital ...

Europe's largest lender HSBC on Wednesday missed second-quarter profit expectations, mostly on account of impairment charges related to a Chinese bank and loss of income from businesses it disposed in ...

NEW YORK--(BUSINESS WIRE)--HSBC today announced that it received top awards in Euromoney’s 2024 Trade Finance Survey. The bank received 28 Market Leader awards and Best Service awards across 24 ...