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HSBC COST SAVINGS
Apple iPhone 17 to get massive discount in Flipkart GOAT sale: Buy now or wait for iPhone 18?Flipkart's GOAT Sale, starting July 4, offers substantial discounts on the iPhone 17 series, with savings up to Rs 22,000 on Pro models. Th...
Airline ticket prices may stay high as carriers bank fuel relief from Iran dealA U.S.-Iran peace deal has lowered oil prices, promising billions in fuel savings for airlines. However, passengers may not see immediate f...
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar depositsIndia saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...
Technology and liquidity are reshaping India's investment landscape: Kailash KulkarniIndia's mutual fund sector is transforming. Technology and investor awareness of liquidity are key drivers. The pandemic highlighted the ea...
Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...
AI will destroy and create new jobs, urges staff to embrace change: HSBC CEOHSBC's top executive Georges Elhedery stated that artificial intelligence will reshape jobs in finance. The bank is actively retraining its...
Singapore urges financial firms to use AI to create better jobsSingapore's Deputy Prime Minister Gan Kim Yong is encouraging banks and financial companies to leverage artificial intelligence. The focus ...
Standard Chartered plans to cut thousands of jobs in AI pushStandard Chartered on Tuesday raised its profitability target, aiming for a return on tangible equity of more than 15% by 2028 and about 18...
India's digital currency push targets its leaky welfare systemWhile India's early efforts are modest compared with those of China, where more than 200 million people use the e-yuan, the world's most po...
Women financially active but lack tailored advice, reveals HSBC reportWomen are actively managing their wealth but face a 'Fluency Gap' in financial guidance. A new HSBC report reveals affluent women are inten...
HSBC turns positive on cement sector; UltraTech remains top pick, Ambuja upgraded to ‘Buy’HSBC has taken a positive stance on the cement sector, citing consolidation, pricing discipline, and moderating capacity additions. UltraTe...
AI adoption by corporates could help in reducing US tariffs impact: HSBC ReportThe growing adoption of Artificial Intelligence (AI) by corporates could play a key role in reducing the impact of tariffs imposed by the U...
Shocking retirement math: Indians need Rs 3.5 crore to retire comfortablyIndians will need to save around ₹3.5 crore (USD 401,000) for a secure retirement, according to HSBC’s "Affluent Investors Snapshot 2025." ...
HSBC targets $1.5 bn in annual cost savings after revampBanking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup w...
HSBC mulls up to $300 million cost-cutting plan, targeting senior roles: ReportHSBC CEO Georges Elhedery is considering $300 million in cost-cutting measures, focusing on senior bankers. The plan includes a potential m...
Indians exceed estimates most for foreign studies: HSBCHSBC survey has found that parents end up spending much higher amounts than the estimated cost for their children's undergraduate studies o...
Indian parents misjudge cost of children’s overseas educationThe US is regarded as offering the best quality of education worldwide, but the cost of an undergraduate degree there can exceed Rs 1.09 cr...
HSBC trims workforce by 22,000 in January-September, no job cuts in IndiaHSBC India Chief Executive Stuart A Davis had ruled out job cuts in the country as part of its global recast, saying India is a strategic m...
- HSBC to axe 10,000 people outside UK: Report
HSBC, headquartered in London, will reportedly remove at least 10,000 people from their jobs, a TV news channel said on Sunday.