The Net-Zero Banking Alliance is considering an overhaul of its membership terms after a wave of high-profile exits.
Standard Chartered reported a drop in fourth-quarter net profit and said it will start a $1.5 billion share buyback, sending the stock to a new near-decade high. The London-based bank said Friday that ...
Deutsche appears to have completed its hiring push. Last September, it even added a layer of management with the appointment of Basile Benoit and Tobias Wagnert to the newly created roles of co-heads ...
HSBC Holdings PLC (LON:HSBA) posted a 6.6% rise in annual profit, driven by gains from its wealth management and trading ...
HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut ...
HSBC Holdings PLC reported a 6.5% rise in annual pre-tax profit to $32.3 billion on Wednesday, as the London-based lender ...
The London-based bank said it plans a new share buyback and cost cuts as its chief executive concentrates on streamlining the ...
The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...
HSBC (HSBC), the Hong Kong- and U.K.-focused bank, expects to pay $1.8B over two years in severance and other up-front costs ...
Another major bank is walking back climate commitments made when ESG was all the rage. HSBC on Wednesday delayed by two decades a goal announced during the pandemic to eliminate greenhouse-gas ...
Reports FY24 revenue $65.85B vs. $64.91B last year. Constant currency revenue excluding notable items rose by $2.9B to $67.4B. Profit before ...
Banking giant HSBC has revealed it is kicking off a round of jobs cuts in the UK and worldwide as it seeks to slash costs by 1.5 billion US dollars (£1.2 billion) by the end of 2026.