HSBC Holdings PLC on Monday pushed aside a proposal by an activist shareholder in Hong Kong to spin off its mainstay Asia business, reiterating the adverse impact on the Asia-focussed bank's cost ...

HONG KONG, April 16 (Reuters) - HSBC (HSBA.L), opens new tab is laying off more than a dozen of its investment banking staff in Asia as dealmaking in the region slows, three people with knowledge ...

HSBC Holdings reported a 26% and 29% slip in its first-half and YoY pretax profits, respectively, as bad debts in China ...

HSBC Holdings Plc has started a new round of job cuts at its Asia investment bank amid a slump in dealmaking across the region, according to people familiar with the matter.

HONG KONG, April 3 (Reuters) - An activist Hong Kong investor's demand for HSBC Holdings PLC HSBA.L, 0005.HK to spin-off its Asia business and increase dividend payouts will be in focus as the ...

Reports indicated HSBC initiated job cuts in Asia as its dealmaking pipeline dried up. In April, HSBC reported 3% growth in its first-quarter revenue to $20.8 billion and a pretax profit of $12.7 ...

The restructuring plan allows HSBC to focus on its strengths in Asia, in our view. The region is growing in terms of importance for global trade, increased urbanization, and a growing middle class.

HSBC’s securities services operation in Asia is a powerful force: it has consistently ensured it has a comprehensive product suite, a diverse client base and top-notch execution capabilities. That ...

Chua, who joined HSBC in 2022 from Credit Suisse to lead its M&A business in Asia, has more than 20 years' experience advising international blue-chip companies on complex cross-border M&A ...

HSBC plans to reinstate quarterly dividend payments from 2023, after having limited its dividend payouts in 2020-22, especially at the beginning of the coronavirus pandemic, at the behest of ...