Which? explains whether it's safe to save with a smaller bank or online platform, and what to consider when comparing deals ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC will shut key parts of its investment banking business in the UK, Europe and the Americas as part of ...

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 ...

HSBC is trying to cut costs as a global rate-cutting cycle threatens to dampen profits HSBC is set to wind down parts of its investment banking operations across the UK, Europe and North America ...

It was launched in the UK in January 2024. HSBC confirmed it plans on shutting down Zing as part of a wider overhaul and to cut down costs. The closure will reportedly put up to about 400 jobs at ...

HSBC is to shut down parts of its investment banking operations in the UK, Europe and the Americas as bosses continue their overhaul of the banking giant. Georges Elhedery has overseen a significant ...

HSBC is planning to axe parts of its investment banking business in the UK. In a huge shake-up, the banking giant is preparing to wind up its mergers and acquisitions (M&A) and equity capital ...

At the time, some MPs said they were concerned that the rejig could further tilt HSBC’s centre of gravity away from the UK and make it harder to scrutinise the bank’s operations in the Far East.

Zing customers will be informed of an alternative option to become bank customers of HSBC UK and use the Global Money proposition." The Global Money Account enables customers to transfer money to ...

A spokesperson for the UK-headquartered bank, which employs around 220,000 people globally, confirmed the contents of the memo. Since the global financial crisis, HSBC has been scaling back its ...

The bank is preparing to wind down its M&A and equity capital markets businesses in Europe, the U.K. and the U.S. "As part of our ongoing efforts to simplify HSBC and increase leadership in our ...