HSBC, China and Pinnacle
Exclusive: HSBC cutting staff numbers by 900 at China Pinnacle unit, sources say
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.
This compares to rival Barclays (NYSE: BCS) stock, which gained almost 15% over the same period, and JP Morgan (NYSE: JPM) , ...
Julius Baer has proposed former HSBC CEO Noel Quinn as next chairman, in a move intended to steer the scandal-hit Swiss bank ...
The new head of sustainability at HSBC Holdings Plc says the time has come for banks to stop penalizing clients that have a ...
HSBC posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of the ...
HSBC has been a strong performer recently, with multiple expansion powering a ~60% return over the past 12 months. Read why I ...
You might like HSBC Bank (Member FDIC) if you can keep $100,000 in bank/investment accounts, receive $5,000 in direct deposits each month, or have an HSBC U.S.-based residential mortgage with ...
In the second quarter of last year, RBC closed its deal to takeover HSBC Bank Canada, which was Canada’s seventh-largest ...
The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) registered 56.3 in February, down from 57.7 ...
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