HSBC's stock (NYSE: HSBC) has performed quite well this year, increasing by approximately 21% since the beginning of January. In comparison, its competitor JP Morgan (NYSE: JPM) is only up about 10% during the same timeframe.
Is HSBC's $1.5B cost-cutting plan and Asia growth bet enough to make the stock worth owning now? Let's find out.
HSBC UK Private Banking rolls out Addepar to elevate client reporting and serve high-net-worth clients with deeper insights.
HSBC to invest $4 billion in private credit funds as it pivots from traditional lending to higher-margin opportunities.
HSBC is set to shut down its U.S. business banking portfolio as it refocuses on operations in Asia and the Middle East.
HSBC is reportedly winding down its business banking unit in the U.S. as it sharpens its focus on other markets. As it disbands the business banking unit, which served small and medium-sized businesses (SMBs) in the U.S.
Does Santander's aggressive business transformation strategy steal the spotlight from HSBC's bet on the Asia pivot plan? Let's find out.
Saudi Arabia's $600 billion U.S. investment commitment is one factor that could drive upside in 2026, though the outlook for this year is less clear.
HSBC has culled more than two dozen analysts in recent days as Europe's largest lender deepens a restructuring of its investment banking businesses, according to people familiar with the matter. Those affected by the move include Steven Major, HSBC's Dubai-based global head of fixed income research, the people said, asking not to be identified discussing confidential information.
HSBC is set to cut 348 jobs in France as part of its cost-saving plan, under which it aims to streamline operations and enhance efficiency.
HSBC's Q1 earnings performance is decent. Does its business restructuring plan and Asia pivot strategy make the stock worth buying?
HSBC's first-quarter 2025 results fall on lower NII and other operating income and higher ECL charges. Yet, lower costs and higher fee revenues are positives.