Georges Elhedery (pictured) said the plan to 'simplify' the £123bn banking giant and cut costs would divide it into four.

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HSBC provided a £40M debt facility to Newcore Special Situations V, which is managed by Newcore Capital. The debt is split ...

The bank is simplifying its business into four spheres, and has tapped its chief risk and compliance officer, Pam Kaur, to become its next finance chief.

The European Parliament on Tuesday approved a $37.83 billion loan to Ukraine that will be repaid from the profits of frozen ...

HSBC on Tuesday unveiled plans to simplify the banking giant's structure from next year in the first major change under new chief executive Georges Elhedery.

By Selena Li, Lawrence White and Sinead Cruise HONG KONG/LONDON (Reuters) -HSBC merged some operations and split its ...

The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its ...

CEO Georges Elhedery has announced plans to overhaul the bank, which will involve the company splitting into four divisions and ...

HSBC's history-making new chief financial officer Pam Kaur is a battle-hardened risk and audit veteran who credits her ...

For the first time, a US bank has admitted to helping criminal networks in Colombia launder hundreds of millions of dollars ...

HSBC, one of the world's largest banks, announced a major overhaul on Tuesday, including a significant leadership shakeup and ...