The London-based bank reported a drop in second-quarter net profit and said it plans to initiate a share buyback of up to $3 ...

In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.

HSBC Holdings Plc’s earnings for the second quarter fell short of expectations after it posted a rise in expenses and took a ...

The boss of HSBC has warned Rachel Reeves that a punishing new tax raid will deliver a hammer blow to the UK economy.

HSBC Holdings reported a 26% drop in first-half pretax profit, missing analyst estimates due to losses from its Bank of ...

The boss of FTSE 100 juggernaut HSBC has become the latest banking voice to warn Rachel Reeves against raising taxes on banks ...

CEO Georges Elhedery flagged “structural challenges” to the global economy that have caused uncertainty and market volatility, citing “broad-based tariffs.” ...

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 ...

HSBC's new CEO Georges Elhedery aims to save $300 million in 2025. The bank also plans to reduce its cost base by $1.5 billion by the end of next year.

Chief Executive Georges Elhedery said HSBC was on track to reach net-zero emissions, but suppliers "have been more challenged." (Paul Yeung/Bloomberg News) Another major bank is walking back ...