HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest ...

By Sinead Cruise LONDON (Reuters) -HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, ...

The dream of an all-round HSBC investment bank has ended. From now on, reality means trying to stay relevant without equities ...

HSBC will shut key parts of its investment banking business in the UK, Europe and the Americas as part of chief executive ...

Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four ...

Boss Georges Elhedery (pictured) is pressing ahead with an overhaul of the Asia-focused bank including a geographic split ...

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 ...

Now HSBC’s new chief executive, Georges Elhedery, seems to be heeding one of the tried and tested lessons of investment ...

HSBC lacks the scale in New York, London or continental Europe to compete against Wall Street giants, and the move is aimed ...

HSBC is to wind down its M&A and equities businesses in Europe, Britain and the Americas, a staff memo showed on Tuesday, ...

HSBC ranked 14th globally in investment banking fees in 2024, according to LSEG data, down a notch from the previous year. The bank's market share in the fees pot reached 1.5%, mostly thanks to ...

or how many bankers might be redeployed to other financing businesses where HSBC considers it is better able to compete with U.S. rivals who have dominated investment banking's most lucrative ...