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 ...
HONG KONG/LONDON, Oct 29 (Reuters) - HSBC Holdings (HSBA.L), opens new tab beat third quarter profit expectations on Tuesday thanks to rising wealth and wholesale banking revenue, but kept investors ...
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 ...
Feb 13 (Reuters) - HSBC (HSBA.L), opens new tab is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring initiatives, the Financial Times ...
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 ...