HSBC’s exit from ECM and M&A in Western markets wasn’t a surprise. The bank said its activities in those markets cost it around US$300m a year and were not materially profitable. So a straightforward ...
HSBC Global Investment Research estimates that OpenAI may need about $207 billion in additional funding by 2030 to sustain ...
According to a leaked internal staff memo sent today, HSBC is scaling back its investment banking operations in the UK, Europe, and the Americas as part of CEO Georges Elhedery’s restructuring plan to ...
The role is one of the most demanding in world finance, with the bank acting as a financial bridge between the East and West.
LONDON (Reuters) – The co-head of HSBC’s investment bank Georges Elhedery will take a 6-month sabbatical from the bank starting in March, according to an internal memo seen by Reuters on Friday. Greg ...
LONDON (Reuters) -HSBC is to wind down its M&A and equities businesses in Europe, Britain and the Americas, it said on Tuesday, as it accelerated its shift to Asia in its biggest retrenchment from ...
What company has a consumer base representing 44% of the world’s adult population and a $620 billion data center bill? OpenAI ...
LONDON, April 2 (Reuters) - HSBC's investment bank unit is to direct its focus on emerging markets and financing in the coming years, pulling back from its plan to take on Wall Street's biggest banks ...
Results index If you wanted to identify the moment HSBC became an unarguable candidate for the best investment bank in Asia award, it was when the bank was mandated on the devilishly sensitive ...
LONDON (Reuters) - HSBC Holdings said first quarter profits were "well ahead" of last year, swelled by record results in its investment bank and resilience in Asia, but would have been down without ...
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