HSBC
Latest Headlines
ECONOMY
HSBC exits loss-making US retail banking as part of Asia pivot
HSBC (HSBA.L) announced it is withdrawing from US mass market retail banking by selling some parts of the money-losing business and winding down others, a long-awaited move as the lender steps up a shift in focus to Asia, its biggest market.
More Stories
BUSINESS
HSBC declares plans to cut about 50K jobs
HSBC announces plans to cut about 50,000 jobs to reduce costs and bolster shareholders’ returns.
BUSINESS
Scandal-hit HSBC plans 20,000 job cuts
Europe’s biggest bank HSBC is reportedly planning to axe as many as 20,000 jobs amid a stream of scandals, including its role in tax evasion and rigging foreign exchange markets.
This makes it easy to access the Press TV website