HSBC cuts investment banks in UK and Europe

Now HSBC’s new chief executive, Georges Elhedery, seems to be heeding one of the tried and tested lessons of investment ...
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’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 will shut down parts of its investment banking business in non-Asian markets, focusing on more scalable sectors.