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FILE PHOTO: People walk past a HSBC signage in Singapore

HSBC tanks the most since 2017 after announcing a $7.2 billion overhaul charge

The bank's overhaul plan seeks to cut as many as 35,000 jobs through 2022 and shift focus from the US and Europe to Asian markets.

‘The Retail Doctor’ says Macy’s restructuring plan is not bold enough

The restructuring plan "doesn't seem bold enough" to help boost its customer demand, "The Retail Doctor" said.

Macy’s beats and announces a restructuring plan

Macy's reported better-than-expected fourth-quarter earnings and announced a restructuring plan to reduce costs and improve profitability.

Under Armour jumps after a blockbuster quarter shows its restructuring plan is working

Under Armour shares climbed on Tuesday after the company posted strong fourth-quarter earnings, showing its ambitious restructuring plan is working.