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HSBC to unveil $1.5bn savings

HSBC to unveil $1.5 billion of annual cost savings on February 19, FT reports

HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring initiatives, the Financial Times reported on Thursday.

Hosted on MSN · 1d

HSBC to unveil $1.5bn in savings alongside financial results

Citing two people familiar with the matter, the FT reported that the savings will largely come from HSBC's decision to withdraw from non-core markets.

Business Insider · 1d

HSBC Set to Save $1.5B as the CEO’s Restructuring Revs Up

HSBC Holdings PLC (HSBC) (GB:HSBA) is reportedly poised to save $1.5 billion as CEO Georges Elhedery accelerates his bold restructuring

The Financial Times · 1d

HSBC to unveil $1.5bn savings as restructuring by new CEO kicks in

HSBC is preparing to unveil $1.5bn of annual cost savings from chief executive Georges Elhedery’s radical overhaul of the bank. Europe’s largest lender will lay out the figures for the first time on Wednesday,

PA Media on MSN · 1d

HSBC set to unveil bigger profits as cost-cutting overhaul in focus

Rivals Barclays and NatWest set the tone for the banking sector when they reported stronger earnings this week.

HSBC Plans Fresh Round of Investment Bank Job Cuts

Bloomberg L.P. · 1d

HSBC Prepares New Round of Investment Bank Job Cuts

Today could be the last day at HSBC for some investment bankers at Europe’s largest lender. Chief Executive Officer Georges Elhedery is wielding the knife again, starting his latest round of headcount cuts in Asia, according to people familiar with the matter. Layoffs are expected to begin next week and could last up to several months.

YAHOO!Finance · 1d

HSBC investment bank job cuts to start in Asia next week-report

The redundancies will be staggered over several weeks and months, based on performance and to streamline operations.

The Star · 4h

HSBC plans new round of investment bank job cuts next week, starting in Asia, say sources

HSBC Holdings Plc is kicking off a fresh round of job cuts at its investment bank as new Chief Executive Officer Georges Elhedery continues his overhaul of Europe’s biggest lender, according to people familiar with the matter.

Hosted on MSN1d

HSBC restores service after online banking outage

HSBC services have been restored following a two-hour outage that impacted both online and mobile banking services in the UK.

The Edge Singapore11h

With ‘ample’ fiscal ammo, HSBC expects ‘generous’ Budget 2025

Apart from fiscal policy, HSBC expects the Monetary Authority of Singapore (MAS) to remain on pause for the remainder of 2025 ...

1don MSN

HSBC share price forecast ahead of earnings: buy or sell?

HSBC share price remains in a strong bull market and is hovering at its all-time high as investors watch the ongoing job cuts ...

HSBC plans new round of investment bank job cuts next week, starting in Asia: Sources

Some cuts are already under way, but wider layoffs will begin as early as Feb 17, sources said. Read more at straitstimes.com ...

South Korean court clears HSBC on charges of violating short-selling rules, Yonhap reports

A South Korean court on Tuesday acquitted HSBC on charges of violating the country's short-selling rules, the Yonhap News Agency reported. The Hong Kong unit of the bank was charged with illegal short ...

HSBC banking app down as thousands of 'frustrated' customers slam outage

HSBC's banking app has gone down. Thousands of "frustrated" customers have slammed the major outage, which has rendered them ...

Hosted on MSN1d

Solid IB & Trading to Aid HSBC's Q4 Earnings, Higher Expenses to Hurt

HSBC Holdings HSBC is scheduled to announce fourth-quarter and full-year 2024 results on Feb. 19, before market open. The ...

Asian News International on MSN5d

Indian, ASEAN economies set to deliver robust growth in coming years: HSBC Report

Asia continues to be a key driver of the global economy, with India and ASEAN nations set for strong growth in the coming ...

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HSBC to unveil $1.5bn savings

HSBC Plans Fresh Round of Investment Bank Job Cuts

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