HSBC Holdings Plc is considering halving the fixed pay of its new Chief Executive Officer Georges Elhedery after the UK ...

RBC, Jefferies and BNP Paribas are well placed to make gains as HSBC retrenches after Deutsche Numis shows momentum ...

Georges Elhedery will be eligible for a total remuneration package worth just over £15m as part of plans to be unveiled by ...

HSBC's deputy global head of equities Selene Chong is taking a leave of absence from her role, two sources with knowledge of ...

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 ...

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

MORTGAGE lenders have swiftly reduced their rates following the Bank of England’s decision to lower the base rate to 4.5% ...

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

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

HSBC is set to wind down parts of its investment banking operations across the UK, Europe and North America as part of a ...

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

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC will shut key parts of its ...