Tag: HSBC Bank

HSBC Keeps Headquarters in London, Rejects Move to Hong Kong

LONDON/HONG KONG (Reuters) – HSBC Holdings decided on Sunday to keep its headquarters in Britain, rejecting the option of shifting its centre of gravity back to its main profit-generating centre Hong Kong after a 10 month review. The unanimous decision

HSBC to Shed up to 50,000 Jobs, Slash Investment Bank

HSBC  will shed almost 50,000 jobs and take an axe to its investment bank, cutting the assets of Europe’s biggest lender by a quarter in a bid to simplify and improve its sluggish performance. The bank said on Tuesday about