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

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.

Europe's largest banking group, is planning to scale down some of its investment banking operations in Europe, the UK, and the Americas, Bloomberg reported on Tuesday.

HONG KONG – HSBC Holdings will wind down some of its investment banking operations in Europe, Britain and the Americas as part of chief executive Georges Elhedery’s ongoing restructuring.

According to LSEG data, HSBC earned the most investment banking fees in MENA during 2024, a total of $107.3mln, or a 7% share of the total fee pool.

HSBC said on Tuesday that it will wind down its M&A and equities businesses in Europe, Britain and the Americas

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 major shake-up of its investment banking operations, a memo showed on Tuesday.

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,

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 major shake-up of its investment banking operations, a memo the bank sent staff showed on Tuesday.