The dream of an all-round HSBC investment bank has ended. From now on, reality means trying to stay relevant without equities ...
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 ...
The big question with closing ECM and M&A advisory in Europe and the Americas is what synergies could be lost for the rest of ...
HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...
Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four ...
HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest ...
HSBC announces major cuts to its investment banking operations in the UK, Europe, and Americas, focusing on more profitable ...
By Sinead Cruise LONDON (Reuters) -HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, ...
HSBC lacks the scale in New York, London or continental Europe to compete against Wall Street giants, and the move is aimed ...
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 strategic retreat is a bold move, but it’s not without risks. The bank’s success will depend on its ability to execute ...
HSBC is shutting down Zing as it reportedly continues to overhaul its structure. The staff at risk of redundancy will be informed soon.