Banking giant HSBC has revealed it is kicking off a round of jobs cuts in the UK and worldwide as it seeks to slash costs by 1.5 billion US dollars (£1.2 billion) by the end of 2026.

HSBC is shutting down its global payments app Zing a year after launch, putting hundreds of jobs at risk, as the global bank continues to overhaul its structure. The bank’s chief executive has ...

HSBC is in the midst of a restructuring programme, and its statutory figures were flattered by the disposal of its Canadian banking business for $4.8bn. However, there was good growth in its wealth ...