HSBC Holdings Plc Chief Executive Officer Georges Elhedery warned that artificial intelligence will “destroy” certain roles ...

A former chairman of Butterfield Bank has been appointed chairman of HSBC Bermuda. Barclay Simmons who recently joined the ...

HSBC Holdings Plc is yet to make material headway in plans to invest as much as $4 billion into its asset manager’s private ...

HSBC has ​paused a $4 billion investment into its ‌own private credit funds, the Financial Times reported on Friday, more than a week after it took ​a $400 million hit linked to the collapse of ...

The $3.2 trillion-asset U.K.-based bank's tokenized deposit product allows corporations to move money between their domestic and international accounts, instantly and on-chain. The product is also ...

NEW YORK--(BUSINESS WIRE)--Today HSBC announced the launch of its Tokenized Deposit Service (TDS) in the United States, marking a significant expansion of its digital money capabilities to enable ...

But the restructuring was seen generating some returns, with HSBC shares trading up nearly 35% in the past 12 months. Thursday’s report also comes amid a broader focus in Wall Street on using ...

Global banking giant HSBC Holdings Plc is considering significant job reductions in the years ahead, as CEO Georges Elhedery bets on artificial intelligence to downsize middle and back offices, ...

SINGAPORE – HSBC Holdings is weighing a wave of deep job cuts over the coming years as chief executive officer Georges Elhedery bets on AI to shrink its middle- and back-office footprint, one of the ...

Bank’s view of the region’s economic fundamentals is unchanged: CEO Georges Elhedery Dubai: HSBC remains confident in the long-term prospects of Gulf economies despite escalating conflict across the ...