The firestorm at HSBC"s investment bank is escalating as the bank hits back against internal dissent

HSBC Holdings PLC said it would cut 35,000 jobs and $100 billion in assets in the next three years as it scales back its operations in the U.S., mainland Europe and its investment bank......»»

HSBC Holdings shares dip as the company announces job cuts in its Asia investment bank amid declining dealmaking and slow market conditions in Hong Kong and China. read more.....»»

Unlike Ford, Google or Citigroup, the investment bank isn’t telling workers that a hybrid workplace will be its new routine......»»

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The team also got some help from a Drexel intern — who ironically has never been in the ballpark......»»

The team also got some help from a Drexel intern — who ironically has never been in the ballpark......»»

Deutsche Bank finally scraped back into profit in 2020 after 6 years of losses, as its invest.....»»

Shares in many of the major European miners slid in Tuesday trading, as the sector was downgraded by investment bank JPMorgan and silver prices fell back from the highs reached on Monday......»»

Shares of Oppenheimer Holdings Inc. rallied 4.6% in midday trading Friday, after the middle-market investment bank announced a new program to buy back up to 4.2% of its shares outstanding. The company said its board OK'd .....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

HSBC has cut a number of top management roles in its investment bank, memos seen by Reuters showed, as Chief Executive Noel Quinn presses on with changes despite having put a wider job cut programme on hold last month......»»

HSBC has reshuffled the leadership of its investment banking division, according to a memo seen by Reuters on Monday, as Chief Executive Noel Quinn presses ahead with changes at the top despite having last month paused a wider job cut programme......»»

JPMorgan Chase & Co Chief Executive Officer Jamie Dimon has returned to lead the largest U.S bank, after recovering from recent heart surgery, according to an internal memo to employees seen by Reuters......»»

The wider strategy overhaul also comes amid slowing economic growth in HSBC's major markets.....»»

HSBC Holdings PLC said on Tuesday it would shed $100 billion in assets, shrink its investment bank and revamp its U.S. and European businesses in a drastic overhaul that will mean 35,000 jobs cut over three years......»»

HSBC said on Tuesday it would shed $100 billion in assets, slashing the size of its investment bank and revamping its U.S. and European businesses - in a drastic overhaul that will mean 35,000 jobs cut over three years......»»

HSBC Holdings said on Tuesday it would shed $100 billion in assets, slashing the size of its investment bank and revamping its U.S. and European businesses - in a drastic overhaul that will mean 35,000 jobs cut over three years......»»

HSBC Holdings PLC on Tuesday unveiled plans to cut $100 billion in assets, slash its investment bank and restructure in the United States and Europe, as it launched its biggest overhaul in years in a bid to improve returns......»»

Royal Bank of Scotland's new Chief Executive Alison Rose unveiled a new strategy for the taxpayer-backed bank on Friday, including radically cutting back the size of its loss-making investment bank and renaming the company NatWest. Edward Baran reports......»»

, a midsize Wall Street investment bank, released robust financial results late Wednesday, which was no surprise considering last year’s 31% jump in the stock market. What was eye-opening was just... To view the full story, click the title link......»»