HSBC is reducing staff numbers at its China digital wealth business Pinnacle by nearly half, or about 900 people, two sources said, a sharp reversal of the bank's ambition for the unit as part of its expansion plans in that country.

With only top eight making final leg of Challenger Series in Poland in April, city’s men need much better showing in Cape Town this weekend.

HSBC , has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as part of a global restructuring exercise at the Asia-focused lender to cut costs.

City’s men’s team sink to shock loss, before Canada defeat leaves them bottom of pool and battling to limit damage on Sunday.

The job cuts in HSBC's regional hub Hong Kong started on Monday, where at least four managing directors were let go, with three of them based in Hong Kong and one in Singapore

HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and initiated sweeping restructuring of the Asia-focused lender, showed its 2024 financial report issued on Wednesday.

HSBC has laid off around 40 investment bankers in Hong Kong as part of the bank's global restructuring, according to one source with direct knowledge of the matter.The job cuts took place on Monday, two sources said,

The 160-year-old bank plans to redeploy US$1.5 billion from "low-return" markets to Hong Kong and other parts of Asia, HSBC's CEO Georges Elhedery said on Wednesday after unveiling a 2 per cent ...

The 18 Hong Kong banks comprising the territory’s joint task force on lending to small and midsize enterprises (SMEs) have agreed to discussions with other banks to assist SMEs in addressing cash flow pressures.

HSBC has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as part of a global restructuring exercise at the Asia-focused lender to cut costs.

Hong Kong-listed shares of HSBC hit an 11-1/2 year high earlier on Tuesday and closed 1.99% higher, outperforming a 1.6% gain in the benchmark Hang Seng Index. Its shares in London were up 1.06% ...