HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...

HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a ...

For years HSBC Holdings Plc harbored dreams of becoming a major player on Wall Street and in the City of London. This week, ...

HSBC will shut key parts of its investment banking business in the UK, Europe and the Americas as part of chief executive ...

Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four ...

HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest ...

HSBC’s decision to exit the M&A and ECM markets outside Asia is seen as a blow to London’s reputation as a global hub for ...

The failed Zing initiative represents a cautionary tale about why some traditional banks struggle to innovate successfully ...

HSBC lacks the scale in New York, London or continental Europe to compete against Wall Street giants, and the move is aimed ...

Plus, Brighthouse Financial considers a sale as asset managers clamour for insurers and Golden Goose lands a non-IPO deal ...

The money transfer app, launched with initial plans to compete in the U.K. with fintechs like Wise and Remitly, will be ...

Boss Georges Elhedery (pictured) is pressing ahead with an overhaul of the Asia-focused bank including a geographic split ...