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 plans biggest investment banking retrenchment in decades
HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday (Jan 28), accelerating a shift to Asia in its biggest retrenchment from investment banking in decades.
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 scales back UK's investment banking arm as it looks to 'simplify' the business
Boss Georges Elhedery (pictured) is pressing ahead with an overhaul of the Asia-focused bank including a geographic split between East and West.
HSBC to wind down M&A and equities businesses in Europe and Americas, memo shows
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
HSBC to wind down parts of investment banking units in UK, Europe and US
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 to shut UK investment banking arm as part of major global restructuring
HSBC is set to wind down parts of its investment banking operations across the UK, Europe and North America as part of a sweeping global restructuring plan
HSBC slashes investment bank to focus on China
HSBC has unveiled plans to slash chunks of its investment bank across Europe and America, as bosses seek to focus increasingly on China.
HSBC to scale down investment banking in Europe, UK and Americas
HSBC Holdings Plc (LON:HSBA) is set to scale down its investment banking operations in certain regions as part of an ongoing restructuring process led by CEO Georges Elhedery. The bank will cease providing equity underwriting and advisory services in Europe,
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Leaked HSBC memo shows bank making huge cuts in UK and US to focus on Asia
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HSBC announces major cuts to its investment banking operations in the UK, Europe, and Americas, focusing on more profitable ...
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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 ...