British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses — and denied giving them their annual payout, according to a ...

Co. said it is now “very happy” with the direction the bank has taken under new Chief Executive Officer Georges Elhedery. Marking a dramatic shift in tone from its combative stance during a ...

In a move that’s raised eyebrows across the finance sector, multinational banking giant HSBC has reportedly laid off several senior investment bankers on the sa ...

HSBC is considering outsourcing some of its fixed income trading order flow to a third-party firm, Bloomberg News reported on Monday, citing sources familiar with the matter.

The layoffs take place as deal-making activity in Asia and around the world declines. Investment banks like HSBC are facing further difficulties as a result of weak market circumstances in China and ...

HSBC fired investment bankers on the day they were due to learn their bonus figures and gave no bonuses to many it let go, in a sign of how the bank is taking a more ruthless approach to costs under ...

Chief Executive Officer Georges Elhedery said. The bank will focus on debt and other financing activities globally as well as mergers and acquisitions and equity capital markets in Asia and the ...

Gregory Bunn is leaving his position as HSBC's head of securities financing for the Americas amid major restructuring. The bank, under CEO Georges Elhedery, is merging the securities financing unit ...

Blackburn, who has been with HSBC for over 20 years, will also serve on the Group Operating Committee which is the bank's most senior decision-making group under CEO Georges Elhedery.

Jinping had a meeting with a group of executives including Rajesh Subramaniam of FedEx, Ola Källenius of Mercedes-Benz and Georges Elhedery of HSBC, where he asked them to protect supply chains ...

The chief executives of some of the world's biggest banks have held private talks about the carnage in financial markets and ...

HSBC issued no bonuses to axed investment bankers, despite letting them go on the day they were set to learn their pay award figures. The FTSE giant told staff in its investment arm last month that th ...