HSBC sees $1.8 billion in revamp related costs as new CEO looks to boost returns
HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut long-term costs and boost profits while navigating diverging interest rate policies and geopolitical turmoil.
HSBC Holdings shines with a 39% share price surge, 7.6% dividend yield, and $25B FY24 profit. See why we are bullish on HSBC ...
HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets ...
HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the ...
The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...
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HSBC Holdings Plc kicked off the sale of its French mortgages portfolio, which is equivalent to about $7 billion, as the ...
LONDON (Reuters) - HSBC, Europe's biggest bank by assets, said on Wednesday it was pushing back its emissions-reduction goal ...
The bank is sitting on £978 million of savings owed to tens of thousands living in the UK after they escaped a crackdown on pro-democracy activists by China.
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