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HSBC, Europe
HSBC to exit parts of investment banking business in UK, US and Europe
HSBC will shut key parts of its investment banking business in the UK, Europe and the Americas as part of chief executive Georges Elhedery’s plan to overhaul its operations.
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 to exit M&A and capital markets businesses in UK, Europe and the U.S.
Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four business units.
HSBC to wind down parts of investment banking units in UK, Europe and US
Georges Elhedery has overseen a significant shake-up of the London-based firm since taking over as chief executive last September.
HSBC plans its biggest investment banking retrenchment in decades
HSBC said on Tuesday that it will wind down its M&A and equities businesses in Europe, Britain and the Americas
HSBC Quits U.S., European Dealmaking and IPO Advisory
HSBC is pulling back on Wall Street. The London-based bank plans to stop advising companies on doing deals and going public in the U.S., the U.K. and continental Europe, according to a memo sent to staff Tuesday.
HSBC to exit M&A and equities businesses in UK, Europe & U.S.
HSBC (NYSE:HSBC) is set to wind down its mergers and acquisitions and equity capital markets businesses in Europe, the UK, and the U.S. as part of a significant restructuring strategy, Reuters reported,
1h
on MSN
Analysis-HSBC's global brand in the balance as it doubles down on Asia bet
HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...
GlobalData on MSN
1d
HSBC’s Zing shutdown a $150m innovation misstep, says GlobalData
The failed Zing initiative represents a cautionary tale about why some traditional banks struggle to innovate successfully ...
InvestmentNews
7h
Leaked HSBC memo shows bank making huge cuts in UK and US to focus on Asia
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 ...
11h
HSBC plans biggest investment banking retrenchment in decades
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 ...
13d
What's New With HSBC Stock?
This compares to rival Barclays (NYSE: BCS) stock which has gained almost 76% over the same period and JP Morgan (NYSE: JPM) ...
InvestmentNews
14h
HSBC can't compete with Wall Street giants, plans scale-back
HSBC lacks the scale in New York, London or continental Europe to compete against Wall Street giants, and the move is aimed ...
9h
What's Going On With HSBC Holdings Stock Today?
HSBC announces major cuts to its investment banking operations in the UK, Europe, and Americas, focusing on more profitable ...
1d
HSBC Workers Should Lose Bid for Wage Class Status, Judge Says
HSBC Bank USA NA personal bankers failed to meet certification requirements and the district court should block them from ...
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Europe
United States
Zing
Asia
Georges Elhedery
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