All ratings are determined solely by our editorial team. HSBC is a global banking and financial services organization that supports around 39 million customers worldwide. Its products are ...

HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday, accelerating a shift to Asia in its biggest retrenchment from investment banking in ...

Under CEO Georges Elhedery, who replaced Noel Quinn in September 2024, HSBC is now overhauling its dealmaking and corporate advisory activities in the West, in a bid to boost returns and tighten its ...

The bank is preparing to wind down its M&A and equity capital markets businesses in Europe, the U.K. and the U.S. "As part of our ongoing efforts to simplify HSBC and increase leadership in our ...