HSBC’s takeover of Hang Seng is a sign of deals to come
The combination should be worthwhile if it creates cost savings
The combination should be worthwhile if it creates cost savings

Lender announced plan last year to use $3.2tn balance sheet to muscle into alternative lending market

Lender ‘maniacally focused’ on rebuilding its investment bank in one of its home markets

Quarterly earnings fall 29% as stake in Bank of Communications is diluted

First-quarter income dips to $9.4bn, missing analyst expectations

‘International Manager’ programme closed to new recruits as CEO Georges Elhedery reshapes Europe’s largest lender

Bank seeking to impose unified approach on sprawling global workforce