HSBC cuts investment banks in UK and Europe

HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a ...
The dream of an all-round HSBC investment bank has ended. From now on, reality means trying to stay relevant without equities ...
HSBC’s decision to exit the M&A and ECM markets outside Asia is seen as a blow to London’s reputation as a global hub for ...
HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...
You might like HSBC Bank (Member FDIC) if you can keep $100,000 in bank/investment accounts, receive $5,000 in direct deposits each month, or have an HSBC U.S.-based residential mortgage ...
HSBC lacks the scale in New York, London or continental Europe to compete against Wall Street giants, and the move is aimed ...
HSBC will shut down parts of its investment banking business in non-Asian markets, focusing on more scalable sectors.
HSBC is pulling back on Wall Street. The London-based bank plans to stop advising companies on doing deals and going public in the U.S., the U.K. and continental Europe, according to a memo sent to ...