The bosses of Britain's top banks are channelling Elon Musk in their mission to slash costs across their operations.

Banking titan HSBC has signalled a further scaling back of its European ventures with the divestment of its UK life ...

HSBC to offload its U.K. life insurance unit to Chesnara for 260 million pounds as it sharpens focus on Asia and high-growth ...

HSBC has sold off its life protection division in the UK in what marks the latest step back from European activity.

HSBC has sold its UK life insurance arm, HSBC Life, to insurance firm Chesnara for £260million Policyholders with HSBC Life ...

Life and pensions company Chesnara has agreed to buy HSBC's UK life insurance business for 260 million pounds ($355 million) in cash, Chesnara said on Thursday.

British bankers were on the chopping block in 2024 as UK lenders marked the steepest drop in headcount since 2018 amid an ...

Total employee numbers at UK lenders fell by 5.25 per cent to 580,371 over the year, the largest drop since 2018, as the ...

SINGAPORE] In 2025, a growing number of corporations globally have announced job cuts, as macroeconomic pressures, restructuring efforts, and shifting strategies force companies to trim their ...

Singapore has imposed a total of S$27.45mn ($21.5mn) in penalties on nine financial institutions, including UBS, Citi and ...

Investec retains its crown as the best-performing bank in the UK, boosted by a high return on assets. The bank, which is dual listed in London and Johannesburg, South Africa, posted a 1.23 per cent ...