Deutsche Bank AG Chief Executive Officer Christian Sewing said the next steps in his strategic plan for the lender may involve cutting underperforming units to improve profitability.

The money transfer app, launched with initial plans to compete in the U.K. with fintechs like Wise and Remitly, will be ...

For years HSBC Holdings Plc harbored dreams of becoming a major player on Wall Street and in the City of London. This week, ...

HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...

HSBC’s decision to exit the M&A and ECM markets outside Asia is seen as a blow to London’s reputation as a global hub for ...

HSBC announces major cuts to its investment banking operations in the UK, Europe, and Americas, focusing on more profitable ...

HSBC is set to cut its investment banking operations in EU and U.S. markets. The U.K.-based bank will instead focus more on ...

A major UK-based bank is set to scale back certain parts of its banking operations in the UK, Europe, and the Americas as ...

HSBC will shut key parts of its investment banking business in the UK, Europe and the Americas as part of chief executive ...

Georges Elhedery has overseen a significant shake-up of the London-based firm since taking over as chief executive last ...

Governor Hanif Yusoof made an unexpected statement during his speech at the HSBC Ceylon Literary and Arts Festival, ...