UK

HSBC to wind down parts of investment banking units in UK, Europe and US

Georges Elhedery has overseen a significant shake-up of the London-based firm since taking over as chief executive last September.

HSBC’s latest financial results showed that its global investment banking operations represented 6% of total revenues for the latest half-year
HSBC’s latest financial results showed that its global investment banking operations represented 6% of total revenues for the latest half-year (Matt Crossick/PA)