HSBC to save $1.8 billion over two years under new CEO
HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets ...
HSBC delays net-zero emissions target by 20 years
HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the ...
HSBC unveils cost cuts in drive to create a 'simple, more agile, focused bank'
The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...
HSBC Expects Revamp to Cost $1.8 Billion Over Two Years
HSBC Holdings Plc expects $1.8 billion in costs over the next two years as it embarks on a global restructuring program that ...
HSBC Pushes Back Climate Emissions Target, to Review Policies
LONDON (Reuters) - HSBC, Europe's biggest bank by assets, said on Wednesday it was pushing back its emissions-reduction goal ...
HSBC 2024 Profit Beats Estimates; Announces $2 Billion Share Buyback
The London-based bank reported profit before tax for 2024 of $32.3 billion. That compared with $30.3 billion a year earlier ...
HSBC Starts to Sell $7 Billion of French Mortgages Amid Revamp
HSBC Holdings Plc kicked off the sale of its French mortgages portfolio, which is equivalent to about $7 billion, as the ...
J.P. Morgan Reaffirms Their Hold Rating on HSBC Holdings (HSBA)
J.P. Morgan analyst Kian Abouhossein maintained a Hold rating on HSBC Holdings (HSBA – Research Report) today and set a price target of £9.00.
HSBC Continental Europe: 2024 Annual and Second Half Results
On 18 February 2025, HSBC Continental Europe’s Board of Directors reviewed the second half year results and approved the ...
Why are banks flying out gold from London to New York?
The US bank JPMorgan and the UK’s HSBC are reportedly shifting gold bars from London to New York. About 8,000 gold bars are ...