FTSE 100 news / Companies and sectors / HSBC / 8 October 2026
HSBC (HSBA): news on Thursday 8 October 2026
−3.7 negative
Coverage centred on HSBC's plan to cut up to 70% of UK wealth adviser roles as AI is adopted, alongside a share price fall of around 4% as financials slipped. A Korean Supreme Court acquittal in the short-selling case was a positive but did not outweigh this.
What drove it
- UK wealth job cuts
- share price fall
- Korea acquittal
The 32 stories
- +7.5 Top court upholds HSBC's acquittal in short-selling case
Top court upholds acquittal in Korean short-selling case. - +7.5 South Korea's Supreme Court Upholds Lower Court Ruling That Clears HSBC Of Short-Selling Charges - Media
Korean Supreme Court clears HSBC of short-selling charges. - +7.5 Supreme Court acquits HSBC in Korea naked short-selling case over lack of intent - CHOSUNBIZ
Acquitted in Korea case over lack of intent. - +7.5 HSBC Hong Kong Cleared of Naked Short-Selling Charges by Top Court
HSBC Hong Kong cleared of naked short-selling charges. - −6.7 HSBC Holdings PLC (HSBC) Shares Fall 4.0% -- GF Value Says Still Overvalued
Shares fall 4% and still seen as overvalued. - −6.7 HSBC Holdings PLC Stock (HSBC) Opened Down by 4.26% on Oct 7: What Signal Does It Send?
Shares opened down 4.26%. - −5.8 Why is HSBC stock sliding today?
Shares sliding on the day. - −5.8 HSBC Holdings falls Wednesday, underperforms market
Shares fall and underperform the market. - −5.0 HSBC hired hundreds of wealth managers in the UK. Now it may fire 70% of them
Recent wealth manager hires may now be cut. - −5.0 Hong Kong questions HSBC over decision to base AI hub in Singapore – report
Hong Kong questions decision to base AI hub in Singapore. - +5.0 JPMorgan Forecasts HSBC and Standard Chartered Q3 Pre-Tax Profits to Rise Over 10%; Favors Standard Chartered for Better Potential Returns
JPMorgan forecasts Q3 pre-tax profit rise over 10%. - −5.0 Hong Kong bank stocks declined, with Standard Chartered Group and HSBC Holdings both falling, as global bond markets faced sell-offs amid potential new windfall taxes in the UK.
Shares fell amid bond sell-off and windfall tax worries. - −4.2 HSBC To Cut Advisors Even While Investors Want Human Judgment
Adviser cuts despite investor demand for human judgment. - −4.2 HSBC to make 'deep, wide and brutal' UK wealth management job cuts in AI push
Described as deep, wide and brutal job cuts. - −4.2 HSBC Eyes Deep UK Wealth Cuts As Europe Slips
Deep UK wealth cuts and weak European exposure. - −4.2 HSBC Weighs UK Wealth Cuts As Financials Slip
UK wealth cuts as financials slip. - −3.3 FCA bans former HSBC executive for evading train fares, Sara Cody, Stephen Clipsham
FCA bans former HSBC executive over train fare evasion. - −3.3 HSBC 'consults' over UK unit job cuts amid AI adoption
Consulting on UK job cuts amid AI adoption. - +3.3 Driving innovation together: Swift and HSBC on blockchain and 24/7 payments
Blockchain and 24/7 payments collaboration with Swift. - −3.3 HSBC plans UK wealth job cuts: stock pre-market at EUR 16.44, down 1.97 percent
UK wealth job cuts; shares down pre-market. - −3.3 Growing concern: HSBC 'consults' over UK unit job cuts amid AI adoption
Consulting over UK unit job cuts. - −2.5 HSBC job cuts: Bank to axe UK roles amid AI push
UK roles to be cut amid AI push. - −2.5 HSBC plans job cuts in UK wealth business
Job cuts planned in UK wealth business. - −1.7 HSBC Plans UK Wealth Management Job Cuts Amid AI Drive
UK wealth management job cuts amid AI drive. - −1.7 HSBC plans to cut up to 70% of adviser roles as AI reshapes wealth management - People Matters
Plans to cut up to 70% of adviser roles. - −1.7 HSBC’s AI Push Comes for the Advisers
AI push affecting advisers. - −1.7 FT: HSBC to Cut 70% of Advisors in Favor of AI
Report of cutting 70% of advisers for AI. - −1.7 AI Prompts HSBC to Cut Wealth Management Jobs in the UK
AI prompts wealth management job cuts. - −1.7 HSBC Is Cutting Up To 70% Of Its UK Financial Advisers As AI Moves Into Wealth Management
Cutting up to 70% of UK advisers as AI arrives. - +1.7 Can HSBC's AI-Led U.K. Wealth Job Cuts Help Boost Efficiency?
Asks whether AI-led cuts can boost efficiency. - −0.8 AI accelerates restructuring of HSBC's UK wealth management business
AI speeds restructuring of UK wealth business. - 0.0 Private bankers are safe from HSBC's AI chopping block
Private bankers spared from AI-driven cuts.
HSBC: every day · Banks on 8 October 2026 · FTSE 100 overview for the day