As U.S. tariffs threaten to crimp the earnings power of major trade finance providers like HSBC, pressure is mounting on CEO Georges Elhedery to shift group capital into Asian economies with healthy ...

HSBC announces investment banking cuts as part of a new strategy. Investors support CEO Elhedery’s focus on profitable Asian ...

President Trump issued an executive order establishing the Department of Government Efficiency under Elon Musk. Just days ...

LONDON (Reuters) -HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday, accelerating a shift to Asia in its biggest retrenchment from ...

accelerating a shift to Asia in its biggest retrenchment from investment banking in decades. "Our intention is to move to a more competitive, scalable, financing-led model," Michael Roberts ...

Culture is the invisible force that shapes behaviors, decisions, and values across an organization, and any meaningful shift requires a clear picture of where things stand. From there, leaders ...

In Q4 2024, the number of retrenchments in Singapore rose to 3,600, up from 3,050 in Q3 2024. Despite the rise in retrenchment, the total annual retrenchments for 2024 were lower at 12,930 compared to ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Budget-friendly advertising strategies can help a new enterprise gain some early traction without straining what is likely an already stretched budget. If you’re an entrepreneur feeling the ...

Significant improvements in private-passenger auto insurance underwriting results in 2024 have triggered changes in the competitive environment that have begun to manifest themselves in the third ...