Key Takeaways HSBC targets $1.5B cost savings by 2026 through streamlining and refocusing operations.The bank is winding down non-core units across Europe, the U.S. and other markets.In Asia, HSBC expands via wealth services, acquisitions, new branches and digital upgrades.HSBC Holdings (HSBC) , a well-known global bank based in London, has been restructuring its operations to enhance efficiency and focusing on high-growth businesses.HSBC has continuously been taking steps to streamline and refocus its glob ...