HSBC Branch in London, UK on January 15, 2024. HSBC PLC is a British multinational bank and financial service organization. HSBC International Network has about 7,500 offices in more than 80 countries/regions around the world. (Mike Kemp photo/picture in the picture through the Getty image)
Mike Kemp | In the picture | Getty image
HSBC It is more extensive in its investment banking business, and is ready to end the business of M & A and equity capital markets in Europe, Britain and the United States.
A spokesman said on Tuesday: “As part of our continuous efforts to simplify HSBC Bank and improve the leadership ability of the field of strength, we are finally reviewing the business of investment banking.” “We will retain more concentrated mergers and acquisitions in Asia and the Middle East The capacity of Hebo Capital market will begin to reduce our activities in the United Kingdom, Europe and the United States, but we must comply with local legal requirements. “
HSBC’s listing of stocks fell 0.36 %, and London time was 10:41 am.
The news came out that Georges Elehedery, CEO of HSBC, played a leadership position last year. He set foot on the widow of the lender to reduce the cost of cutting costs.
As early as October, the bank was unveiled New geographical settings He also started to consolidate its operations into four business departments, between the “Eastern Market” branch (reunion in the Asia -Pacific region and the Middle East), and a “Western market” department, including British Bank of Britain, including non -ring enclosures, and the European Bank of the Mainland Bank. And America.
This sudden news report is being updated.
