HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut ...

(Reuters) -Salesforce is cutting more than 1,000 jobs as it simultaneously hires workers to sell new artificial intelligence products, Bloomberg News reported on Monday. Displaced workers will be ...

Microsoft, the largest investor for OpenAI, notified the company of suspicious activity, according to the Bloomberg report. David Sacks, the White House's AI and crypto czar, told, opens new tab ...

HONG KONG – HSBC Holdings will wind down some of its ... according to a memo seen by Bloomberg News. The lender told its staff that it would begin speaking to clients over the coming days ...

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of ...

The Black Swan author Nassim Taleb is warning that Monday’s brutal selloff in Nvidia Corp. is just a taste of what’s in store for investors who blindly piled into Wall Street’s AI-driven ...

US consumer confidence unexpectedly fell in January to a four-month low on less optimism about the labor market and the outlook for the broader economy. The Conference Board’s gauge of ...

HSBC is trying to cut costs as a global rate-cutting cycle threatens to dampen profits HSBC is set to wind down parts of its investment banking operations across the UK, Europe and North America ...

HSBC Holdings Plc will wind down some of its ... according to a memo seen by Bloomberg News.

“We have to get our economy working. I think we’re beginning to see how that’s turning around,” Starmer said in an interview with Bloomberg TV on Tuesday. “The number one priority of ...

LONDON (Reuters) -HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday, accelerating a shift to Asia in its biggest retrenchment from ...

HSBC's decision to shutter the businesses was earlier reported by Bloomberg. Oil prices strengthened on Monday as an attack on an oil pipeline pumping station in the Caspian Sea slowed flows from ...