HSBC Holdings' (NYSE:HSBC) plan to pull staff back to the office could eat into more than 10% of its $1.5B annual cost-cutting target, according to a media report published Monday. In the weeks ahead, ...

Georges Elhedery’s major shake-up of HSBC will shave $1.5bn off the bank’s total costs, according to reports. The Financial Times and Bloomberg have both reported that the cost savings will be ...

HSBC Holdings Plc is forecasting hundreds of millions in extra real estate costs as it considers asking more of its employees to return to the office, potentially hindering the bank in its bid to find ...

Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end of ...

HSBC posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of the ...

HSBC Holdings Plc is examining plans that could cut costs by at least $3 billion as it continues to restructure its worldwide operations under new Chief Executive Officer Georges Elhedery. Europe’s ...