As for HSBC’s bonus schemes for employees, the company offers a quarterly incentive or annual bonus based on performance and ...

HSBC unveils a sweeping cost-cut plan targeting $1.5bn in savings, signalling thousands of job cuts mostly in the UK.

HSBC Holdings Plc expects $1.8 billion in costs over the next two years as it embarks on a global restructuring program that has seen the lender shutter some of its businesses and slash management ...

HSBC added that it plans to incur costs of US$1.8 billion over 2025 and 2026 to deliver the reductions. Mr Elhedery has moved ...

Europe's largest bank HSBC has revealed it is kicking off a round of jobs cuts worldwide as it seeks to slash costs by $1.5bn ...

HSBC Holdings Plc will incur $1.8 billion in charges over the next two years as it embarks on a global restructuring program ...

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 ...

HSBC is reportedly planning to lay off employees working for its investment bank as the lender continues its wider ...

The recent closure of HSBC’s Zing has sparked strong discussion about banks’ ability to compete in the challenging cross-border payments market. Some view it as proof that banks simply can’t keep up.

The UK government is reducing its stake in NatWest, formerly RBS, following its £46bn bailout during the 2008 financial ...