CEO Elhedery’s fixed pay would be roughly halved under the new plan, while his potential bonus would be much higher, a person ...

European investment banks have spent years debating the best path to profits. Recent results suggest many roads can work — ...

HSBC is in talks to award chief executive Georges Elhedery a pay package of as much as £15mn, almost six months after he was appointed and embarked on a significant cost-cutting drive at the bank.

Georges Elhedery will be eligible for a total remuneration package worth just over £15m as part of plans to be unveiled by ...

HSBC Holdings Plc’s head of global banking for Asia Pacific, Christina Ma, is leaving the bank, according to people familiar ...

European banks are implementing significant job cuts due to pressure to improve profits and compete with US banks ...

The dream of an all-round HSBC investment bank has ended. From now on, reality means trying to stay relevant without equities ...

The erstwhile “world’s local bank” is getting more local. In an announcement on Tuesday that took many by surprise, HSBC ...

The bank will discontinue operations in the UK, Europe and North America HSBC has reportedly unveiled plans to scale back ...

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’s Bold Move At the UK-China Financial Services Summit in Beijing, HSBC Chairman Mark Tucker called for stronger UK-China ...

As the battle of the bulge continues, European trading desks are struggling against the Wall Street top five in the ...