HSBC to Shutter Some Investment Banking Units in Europe, US
HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest sign that Chief Executive Officer Georges Elhedery is willing to be ruthless in his ongoing restructuring of the bank.
The dream of an all-round HSBC investment bank has ended. From now on, reality means trying to stay relevant without equities ...
HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...
HSBC announces major cuts to its investment banking operations in the UK, Europe, and Americas, focusing on more profitable ...
The money transfer app, launched with initial plans to compete in the U.K. with fintechs like Wise and Remitly, will be ...
Plus, Brighthouse Financial considers a sale as asset managers clamour for insurers and Golden Goose lands a non-IPO deal ...
HSBC’s decision to exit the M&A and ECM markets outside Asia is seen as a blow to London’s reputation as a global hub for ...
HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a ...
HSBC is pulling back on Wall Street. The London-based bank plans to stop advising companies on doing deals and going public in the U.S., the U.K. and continental Europe, according to a memo sent to ...
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