Shares of banks and other financial institutions ticked down as investors eyed presidential polls and economic data. Goldman Sachs will be ordered to pay tens of millions of dollars in penalties by ...

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

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.

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.

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

HSBC Holdings Plc dio a conocer una amplia reestructuración en diferentes líneas de negocio y geografías, en un momento en el ...

HSBC’s overhaul will see the bank split into four separate units under the control of two distinct Eastern and Western ...

HSBC , has changed a lot in its almost 160-year history. Yet many of its CEOs have grappled with a familiar question: how to ...

British financial giant HSBC announced a new consolidation of its operations on Tuesday into four geographical branches in ...

Pam Kaur will become the first woman to serve as chief financial officer in HSBC's 159-year history. Read more here.