In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.

The London-based bank reported a drop in second-quarter net profit and said it plans to initiate a share buyback of up to $3 ...

HSBC has been accused of funding deforestation in one of South America’s largest forests, increasing scrutiny of the bank’s climate policy under Georges Elhedery, its new chief. The lender ...

The boss of HSBC has warned Rachel Reeves that a punishing new tax raid will deliver a hammer blow to the UK economy.

HSBC Holdings Plc is examining plans that could cut costs by at least $3 billion as it continues to restructure its worldwide operations under new Chief Executive Officer Georges Elhedery.

HSBC's new CEO Georges Elhedery aims to save $300 million in 2025. The bank also plans to reduce its cost base by $1.5 billion by the end of next year. HSBC stock dipped on Wednesday after hitting ...

HSBC Holdings Plc’s earnings for the second quarter fell short of expectations after it posted a rise in expenses and took a ...

HSBC plans to unveil $1.5 billion in annual savings as part of a major reorganization under CEO Georges Elhedery on February 19. HSBC's stock has risen 30% since Elhedery's appointment, driven by ...

HSBC Holdings plc (NYSE: HSBC) Q1 2025 Earnings Conference Call April 29, 2025 2:45 AM ET Company Participants Georges Elhedery - Group Chief Executive Officer Pam Kaur - Group Chief Financial ...

Banking giant HSBC said Wednesday that CEO Georges Elhedery’s plan since October to simplify the company’s structure and geographic setup will yield $1.5 billion in annual cost savings by the ...