HSBC scales back UK's investment banking arm as it looks to 'simplify' the business
Boss Georges Elhedery (pictured) is pressing ahead with an overhaul of the Asia-focused bank including a geographic split between East and West.
HSBC to scale down investment banking operations in Europe, UK, and Americas, Bloomberg reports
Europe's largest banking group, is planning to scale down some of its investment banking operations in Europe, the UK, and the Americas, Bloomberg reported on Tuesday.
HSBC: business banking services 'winding down' across the UK - investment and intermediaries affected
A major UK-based bank is set to scale back certain parts of its banking operations in the UK, Europe, and the Americas as part of an ongoing overhaul led by its leadership. Since Georges Elhedery took over as CEO last September, he has spearheaded a major restructuring of HSBC.
HSBC to exit parts of investment banking business in UK, US and Europe
HSBC will shut key parts of its investment banking business in the UK, Europe and the Americas as part of chief executive Georges Elhedery’s plan to overhaul its operations.
HSBC to shutter some investment banking units in Europe, US
HONG KONG – HSBC Holdings will wind down some of its investment banking operations in Europe, Britain and the Americas as part of chief executive Georges Elhedery’s ongoing restructuring.
HSBC to close some investment banking units in Europe, America, Bloomberg says
HSBC (HSBC) will wind down some of its investment banking operations in Europe, the UK., and the Americas, with plans to no longer provide
HSBC to exit M&A and capital markets businesses in UK, Europe and the U.S.
Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four business units.
HSBC to scale down investment banking in Europe, UK and Americas
HSBC Holdings Plc (LON:HSBA) is set to scale down its investment banking operations in certain regions as part of an ongoing restructuring process led by CEO Georges Elhedery. The bank will cease providing equity underwriting and advisory services in Europe,
HSBC cuts investment banks in UK and Europe to focus on Asia
HSBC Holdings Plc, has announced plans to scale down its investment banking operations across Europe, the UK, and the Americas. Europe's largest banking group wants to concentrate its resources on Eastern markets,
InvestmentNews1d
Leaked HSBC memo shows bank making huge cuts in UK and US to focus on Asia
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 ...
The Banker19h
Mediobanca rejects Monte dei Paschi’s takeover bid; Santander’s UK chair Vereker resigns
Italy’s Mediobanca has rejected Banca Monte dei Paschi di Siena’s takeover bid, deeming it “contrary to the interests of Mediobanca”.  In a strongly worded statement on Tuesday, the bank’s board ...
Barclays-Santander UK is a matter of when, and how
If Banco Santander’s Ana Botín wants to sell her British retail business, there’s an obvious buyer: Barclays boss C. S.
Giorgia Meloni’s supremacy threatened by €10bn banking merger
Since taking power, Giorgia Meloni has stamped her authority on Italy to emerge as one of Europe’s strongest leaders ...
Wales Online8d
UK bank set set for major move as 14 million customers ask 'what it means for our money'
Speculation has emerged that Santander may be considering pulling out of the UK market. Reports suggest that the Spanish banking titan ... start looking at M&A [mergers and acquisitions], they ...
Investing5d
FDIC approves WesBanco Bank merger with Premier Bank
Investing.com -- The Federal Deposit Insurance Corporation (FDIC) has given the green light for a Bank Merger Act (BMA) application. The application, submitted by WesBanco (NASDAQ:WSBC) Bank, ...