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

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 ...

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 end ...

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 ...

CEO Georges Elhedery said HSBC stands to benefit from a reconfiguration of global trade. (Lam Yik/Bloomberg News) World trade isn’t grinding to a halt but it is changing shape, according to the ...

Chief Executive Georges Elhedery said HSBC was on track to reach net-zero emissions, but suppliers "have been more challenged." (Paul Yeung/Bloomberg News) Another major bank is walking back ...

HSBC (NYSE:HSBC), Europe's largest bank, is considering restructuring plans that could cut costs by at least $3B under its new CEO Georges Elhedery, according to a media report. The bank's ...

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 ...

Georges Elhedery Photographer: Paul Yeung/Bloomberg Elhedery currently receives a base salary of £1.38 million ($1.7 million) as well as an additional fixed pay allowance worth £1.7 million.

HSBC Holdings has named a new CEO of its U.S. operations, as its recently appointed group CEO, Georges Elhedery, continues to put his mark on the global bank. The new U.S. leader, Lisa McGeough, will ...