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HSBC to unveil $1.5bn savings

HSBC to unveil $1.5 billion of annual cost savings on February 19, FT reports

HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring initiatives, the Financial Times reported on Thursday.

Hosted on MSN · 20h

HSBC to unveil $1.5bn in savings alongside financial results

Citing two people familiar with the matter, the FT reported that the savings will largely come from HSBC's decision to withdraw from non-core markets.

Business Insider · 22h

HSBC Set to Save $1.5B as the CEO’s Restructuring Revs Up

HSBC Holdings PLC (HSBC) (GB:HSBA) is reportedly poised to save $1.5 billion as CEO Georges Elhedery accelerates his bold restructuring

The Financial Times · 1d

HSBC to unveil $1.5bn savings as restructuring by new CEO kicks in

HSBC is preparing to unveil $1.5bn of annual cost savings from chief executive Georges Elhedery’s radical overhaul of the bank. Europe’s largest lender will lay out the figures for the first time on Wednesday,

PA Media on MSN · 15h

HSBC set to unveil bigger profits as cost-cutting overhaul in focus

Rivals Barclays and NatWest set the tone for the banking sector when they reported stronger earnings this week.

HSBC investment bank job cuts to start in Asia next week

YAHOO!Finance · 16h

HSBC investment bank job cuts to start in Asia next week-report

The redundancies will be staggered over several weeks and months, based on performance and to streamline operations.

Bloomberg L.P. · 19h

HSBC Prepares New Round of Investment Bank Job Cuts

Today could be the last day at HSBC for some investment bankers at Europe’s largest lender. Chief Executive Officer Georges Elhedery is wielding the knife again, starting his latest round of headcount cuts in Asia, according to people familiar with the matter. Layoffs are expected to begin next week and could last up to several months.

This Is Money on MSN · 6h

HSBC to shed more jobs after £1.2bn cost-cutting

Georges Elhedery, the boss of HSBC, will reportedly kick off more job cuts next week as he reveals his radical overhaul of the bank has saved £1.2billion. Elhedery took over from Noel Quinn in September and launched a sweeping re-organisation including cuts to its deal making and advisory business in the UK, Europe and America.

Hosted on MSN1d

HSBC restores service after online banking outage

HSBC services have been restored following a two-hour outage that impacted both online and mobile banking services in the UK.

18hon MSN

HSBC share price forecast ahead of earnings: buy or sell?

HSBC share price remains in a strong bull market and is hovering at its all-time high as investors watch the ongoing job cuts ...

13h

1HSBC, IDVZ : What's Going On With HSBC Stock Today?

HSBC shares dip 0.25% premarket as it prepares to unveil $1.5 billion in cost savings and details of CEO-led restructuring on February 19.

South Korean court clears HSBC of violating short-selling rules

A South Korean court on Tuesday acquitted HSBC on charges of violating the country's short-selling rules, a court official ...

13h

Rheinmetall Gets Street-High Target as HSBC Sees Spending Boom

Price targets for German defense firm Rheinmetall AG are climbing, with HSBC Holdings Plc raising the bar to a new record in ...

Hosted on MSN1d

Solid IB & Trading to Aid HSBC's Q4 Earnings, Higher Expenses to Hurt

HSBC Holdings HSBC is scheduled to announce fourth-quarter and full-year 2024 results on Feb. 19, before market open. The ...

Business Times4d

HSBC buys stake in Singapore EV charging operator SP Mobility

THE asset management arm of HSBC has acquired a stake in Singapore electric vehicle (EV) charging point operator SP Mobility.

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Maruti Suzuki Share Price: HSBC says India will be EV export hub, sees 10% upside in stock

HSBC said India will be the export hub for electric vehicles for Suzuki and even Toyota. It added that Maruti Suzuki offers ...

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HSBC to unveil $1.5bn savings

HSBC investment bank job cuts to start in Asia next week

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