HSBC COO to Step Down, Amid Senior Management Changes

There’s been a number of changes to the senior management team at HSBC, which have been made as part of the next phase of the bank’s strategy, the company announced this Monday. One of the big changes at the...

HSBC Sends 10,000 Staff Home Following CEO Departure

HSBC will cut up to 10,000 jobs in 2019, or nearly four percent of its full-time headcount as it becomes the next bank to succumb to the global slump in banking revenues, the FT said, citing one person briefe...

HSBC Quietly Held a Round of Layoffs in London This Week

HSBC has reportedly begun its recently-announced job cuts in London, and some industry sources say they were a little harsher than previously expected. The British bank, which is conducting a cost-cutting dri...

HSBC Partners with Canadian Artificial Intelligence Firm

Banking giant HSBC announced on Monday that it is partnering with Canadian technology company Elemental AI. The deal comes almost six months after the bank said it was on the hunt for a firm that could help ...