Today news
About the same in other media
HSBC to wind down M&A and ECM capabilities in Europe, UK & Americas, memo shows
Reading now: 592
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 major shake-up of its investment banking operations, a memo showed on Tuesday.
"...our intention is to move to a more competitive, scalable, financing-led model," Michael Roberts, CEO HSBC Bank said in the memo.
The bank said it would retain «more focused M&A and Equity Capital Markets capabilities in Asia and the Middle East».
(You can now subscribe to our Economic Times WhatsApp channel)
. Read more on economictimes.indiatimes.com
About this in other media
Who will inherit late Princess Diana's childhood home Althorp House? Prince Harry and Prince William won't; here's the recipient economictimes.indiatimes.com /1 day ago
Severance Season 2: See Episode 3 release date, time, episode schedule and where to watch economictimes.indiatimes.com /1 day ago
Keir Starmer and Rachel Reeves to confirm DB surplus release plans investmentweek.co.uk /1 day ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
