HSBC shares dip 0.25% premarket as it prepares to unveil $1.5 billion in cost savings and details of CEO-led restructuring on February 19.
A benchmark for Chinese technology stocks rose for a fifth straight week, hitting a three-year high, as companies in the ...
The UK government is reducing its stake in NatWest, formerly RBS, following its £46bn bailout during the 2008 financial ...
Shares in China's Xiaomi are up more than 30% in Hong Kong this year as the smartphone maker aims to deliver 300,000 EVs in ...
Their earnings multiples can look very juicy indeed compared with those of the wider market. But be careful. Banks are not like other companies, and investing in bank shares is not for the ...
HSBC Holdings Plc is set to initiate a new round of job cuts in it’s investment banking division, marking a continued ...
It expects 2025 NII guidance of more than USD32 billion, above consensus of USD31.8 billion. It also expects HSBC to extend 2025 return on tangible equity guidance of around 14% to 16% to 2026 to 2027 ...
HSBC Holdings is kicking off a fresh round of job cuts at its investment bank as new chief executive officer Georges Elhedery ...
The rise of China's DeepSeek AI model is boosting Chinese tech firms including Alibaba, Baidu, and Xiaomi.
Today could be the last day at HSBC for some investment bankers at Europe’s largest lender. Chief Executive Officer Georges ...