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 is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a ...
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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 ...
HSBC lacks the scale in New York, London or continental Europe to compete against Wall Street giants, and the move is aimed ...
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 ...
HSBC announces major cuts to its investment banking operations in the UK, Europe, and Americas, focusing on more profitable ...
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 ...
HSBC is set to shut down a payments app after its launch just a year ago in a blow to customers. The Zing platform, which ...
Greggs plc (OTCPK:GGGSF) (OTCPK:GGGSY) pushed higher in London trading after HSBC upgraded the British bakery chain stock to a Buy rating from Hold. Analyst Charles Pullan thinks Greggs (OTCPK:GGGSF) ...
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