CEO Elhedery’s fixed pay would be roughly halved under the new plan, while his potential bonus would be much higher, a person ...

European investment banks have spent years debating the best path to profits. Recent results suggest many roads can work — ...

HSBC Holdings is to hand its new chief executive a pay package potentially worth more than £15m as part of an overhaul of its ...

European banks are implementing significant job cuts due to pressure to improve profits and compete with US banks ...

The dream of an all-round HSBC investment bank has ended. From now on, reality means trying to stay relevant without equities ...

The erstwhile “world’s local bank” is getting more local. In an announcement on Tuesday that took many by surprise, HSBC ...

The bank will discontinue operations in the UK, Europe and North America HSBC has reportedly unveiled plans to scale back ...

HSBC’s strategic retreat is a bold move, but it’s not without risks. The bank’s success will depend on its ability to execute ...

HSBC’s Bold Move At the UK-China Financial Services Summit in Beijing, HSBC Chairman Mark Tucker called for stronger UK-China ...

As the battle of the bulge continues, European trading desks are struggling against the Wall Street top five in the ...

HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders and senior Chinese officials that he spoke for all UK businesses present in ...

European stocks closed broadly higher on Tuesday, recovering fairly well after losing ground in the previous session due to a ...