Seeking Alpha

HSBC weighs combining commercial, investment bank units to shed costs - report

HSBC Holdings (NYSE:HSBC) is mulling combining its commercial and investment bank arms as part of an effort to consolidate redundant roles throughout the firm and reduce expenses, according to a ...
The Edge Singapore

HSBC steps up Asia-for-Asia strategy with its corporate and institutional banking business in Singapore

HSBC's Gilbert Ng: "Clients that need a bank with reach, resilience and reliability on a global scale turn to us." ...
Bloomberg L.P.

HSBC Mulls Merging Commercial, Investment Bank to Cut Costs

HSBC Holdings Plc is weighing combining its commercial and investment bank divisions as part of new Chief Executive Officer Georges Elhedery’s push to eliminate overlapping roles across the company ...
CNN

HSBC names first female chief financial officer, unveils a major overhaul

Hong Kong/London — HSBC said Tuesday that it would combine some of its commercial and investment banking operations in a major overhaul under its new CEO, which will see it cut costs while trying to ...
Nasdaq

HSBC to Divest Argentina Business Under Asia Pivot Strategy

HSBC Holdings PLC HSBC entered into a joint agreement with Grupo Financiero Galicia (“Galicia”) to sell its Argentina business. The transaction is valued at $550 million and aims to shift its focus on ...