HSBC to Shutter Some Investment Banking Units in Europe, US
HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest sign that Chief Executive Officer Georges Elhedery is willing to be ruthless in his ongoing restructuring of the bank.
HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...
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 ...
ASIA: In a significant realignment, HSBC has announced its decision to scale down its mergers and acquisitions (M&A) and ...
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HSBC Strengthens MENA Footprint for Asia ExpansionHSBC is focusing on enhancing its presence in Asia, leveraging strong growth from its Middle East and North Africa investment ...
HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a ...
HSBC is “underweight” Singapore equities, given its strong performance in 2024. The banks are likely to see their earnings ...
Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four ...
HSBC lacks the scale in New York, London or continental Europe to compete against Wall Street giants, and the move is aimed ...
HSBC’s strategic retreat is a bold move, but it’s not without risks. The bank’s success will depend on its ability to execute ...
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