The London-headquartered, Asia-focused bank is embarking on a major restructuring under its new CEO that will slash the ...

"The capital reinvestment in the Middle East’s infrastructure projects presents significant opportunities, and approximately half of it is already committed,” Julian Wentzel, Head of Global Banking, ...

HSBC’s stock has seen a notable rise, fueled by its bold restructuring efforts and solid third-quarter performance, which ...

HSBC , merged some operations and split its geographic footprint into East and West in a sweeping restructuring under new CEO Georges Elhedery that also included the appointment of the bank's first ...

HONG KONG/LONDON (Reuters) -HSBC merged some operations and split its geographic footprint into East and West in a sweeping restructuring under new CEO Georges Elhedery that also included the ...

HSBC Holdings Plc successfully fought off a breakup campaign by disgruntled Asian investors in recent years. Now, it’s announced a restructuring along almost the same East-West lines.

The split would allow HSBC to remove a layer of management in the region to reflect its reduced scale, the person said. They added that the Middle East had been included in the “eastern markets ...

HSBC Holdings Plc successfully fought off a breakup campaign by disgruntled Asian investors in recent years. Now, it’s announced a restructuring along almost the same East-West lines.