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.
For years HSBC Holdings Plc harbored dreams of becoming a major player on Wall Street and in the City of London. This week, ...
HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...
GlobalData on MSN2d
HSBC’s Zing shutdown a $150m innovation misstep, says GlobalDataThe failed Zing initiative represents a cautionary tale about why some traditional banks struggle to innovate successfully ...
The money transfer app, launched with initial plans to compete in the U.K. with fintechs like Wise and Remitly, will be ...
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’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 ...
Plus, Brighthouse Financial considers a sale as asset managers clamour for insurers and Golden Goose lands a non-IPO deal ...
According to LSEG data, HSBC earned the most investment banking fees in MENA during 2024, a total of $107.3mln, or a 7% share ...
However, the inverse relationship between the two "always reasserts itself" says James Steel, chief precious metals analyst ...
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