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HSBC may cut up to 10,000 jobs to slash costs

Finance

07 October, 2019

HSBC may cut up to 10,000 jobs to slash costs

HSBC Holdings Plc is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce ......

Saudi Aramco hires nine banks for world's biggest IPO

Infrastructure

11 September, 2019

Saudi Aramco hires nine banks for world's biggest IPO

Saudi Aramco has hired nine banks as joint global coordinators to lead its planned initial public offering (IPO), slated to ......

UBS to revamp investment bank in bid to lift flagging earnings

Finance

06 September, 2019

UBS to revamp investment bank in bid to lift flagging earnings

Switzerland's UBS plans another shake-up of its investment banking arm to help boost earnings and curb costs after tough market ......

India valuations expensive, favour China as Fed rate cut looms: HSBC

Markets

11 July, 2019

India valuations expensive, favour China as Fed rate cut looms: HSBC

Analysts at HSBC have moved to endorse Chinese stocks and cooled on Indian shares, in a "less defensive" positioning ahead ......

StanChart loses senior private bankers in Asia as unit earnings sag

Finance

13 March, 2019

StanChart loses senior private bankers in Asia as unit earnings sag

Standard Chartered PLC has seen the departure of at least four senior Asia-based bankers from its private banking unit in ......

Oriental Bank of Commerce plans to sell stake in life insurance JV

Finance

28 November, 2018

Oriental Bank of Commerce plans to sell stake in life insurance JV

State-run Oriental Bank of Commerce plans to divest its stake in its life insurance joint venture as part of efforts ......

Premium
How the pecking order of foreign banks is changing in India

Finance

28 September, 2018

How the pecking order of foreign banks is changing in India

Foreign banks operating in India are in a better position than their domestic peers when it comes to toxic assets ......

HSBC ropes in former Rothschild India MD to head local i-banking unit

People

13 July, 2018

HSBC ropes in former Rothschild India MD to head local i-banking unit

Amitabh Malhotra has been appointed as the India head of HSBC’s investment banking practice, the British multinational banking and financial ......

Premium
Merchant banks' report card: Who made punters smile most via IPO listing gains?

Finance

06 October, 2017

Merchant banks' report card: Who made punters smile most via IPO listing gains?

Ample global liquidity and positive investor sentiment on Indian economic reforms have propelled Indian stock markets higher in what many ......

HSBC India I-banking head quits to form M&A advisory JV with Dinesh Kanabar

People

29 August, 2017

HSBC India I-banking head quits to form M&A advisory JV with Dinesh Kanabar

Former KPMG India top executive Dinesh Kanabar and HSBC Holdings Plc’s India investment banking head Sunil Sanghai have joined hands ......