HSBC cuts investment banks in UK and Europe

HSBC to exit parts of investment banking business in UK, US and Europe
HSBC will shut key parts of its investment banking business in the UK, Europe and the Americas as part of chief executive Georges Elhedery’s plan to overhaul its operations.
HSBC plans biggest investment banking retrenchment in decades
By Sinead Cruise LONDON (Reuters) -HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday, accelerating a shift to Asia in its biggest retrenchment from investment banking in decades.
HSBC to Shutter Some Investment Banking Units in Europe, US
HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest sign that Chief Executive Officer Georges Elhedery is willing to be ruthless in his ongoing restructuring of the bank.
HSBC scales back UK's investment banking arm as it looks to 'simplify' the business
Boss Georges Elhedery (pictured) is pressing ahead with an overhaul of the Asia-focused bank including a geographic split between East and West.
HSBC to scale down investment banking in Europe, UK and Americas
HSBC Holdings Plc (LON:HSBA) is set to scale down its investment banking operations in certain regions as part of an ongoing restructuring process led by CEO Georges Elhedery. The bank will cease providing equity underwriting and advisory services in Europe,
BNP Paribas Plans to Lift Investment Bank Bonuses by About 5%
BNP Paribas SA is planning to raise bonuses for its investment bankers, with equity trading and debt capital markets likely to benefit the most after a strong year for their businesses.
HSBC cuts investment banks in UK and Europe to focus on Asia
HSBC Holdings Plc, has announced plans to scale down its investment banking operations across Europe, the UK, and the Americas. Europe's largest banking group wants to concentrate its resources on Eastern markets,
Deutsche Bank’s Heavier Costs Drag Shares Despite Investment Bank Strength
The lender’s better-than-expected performance in investment banking was overshadowed by a drop in profit and shares slumped ...
Wells Fargo Co-CEO of Corporate, Investment Banking Jon Weiss to Retire
Wells Fargo said Jon Weiss is retiring as co-chief executive of corporate and investment banking, leaving former JPMorgan Chase executive Fernando Rivas as the sole chief of the bank's Wall Street ...
The Economist4h
Georgia Meloni has grand banking ambitions
In contrast, Ms Meloni is the leader of a nationalist party with protectionist instincts. â–  For more expert analysis of the ...
Meet the future leaders of Goldman Sachs' investment bank
Inside the careers, accomplishments, and clients of Goldman's new heads of investment banking: Kim Posnett, Matt McClure, and ...
Deutsche Bank: Bullish, But No Longer All-In
Deutsche Bank reported solid Q4 results with €7.2 billion in revenue, driven by a 30% YoY jump in the investment bank. Read more about DB stock here.
Scottish state bank risks missing 2030 investment target
The Scottish National Investment Bank is at risk of missing its target of investing £2bn by the end of the decade by a fifth, ...
Crain's Cleveland Business6d
KeyCorp plans more hiring for wealth management, investment banking businesses
KeyCorp continues to lean into its wealth management and investment banking businesses as it looks to hire even more people ...
HSBC Quits U.S., European Dealmaking and IPO Advisory
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 ...