HSBC's chief sustainability officer, Celine Herweijer, has stepped down, the bank said on Monday, weeks after a management reshuffle removed her role from the lender's executive committee.

HSBC’s top brass defended their strategy Monday to frustrated shareholders in the lender’s largest market, as Europe’s biggest bank continued to face calls to be split up.

HSBC Holdings plc HSBC and Banco Santander S.A. SAN are two of Europe’s leading multinational banks, with an extensive global footprint. While HSBC is intensifying its pivot toward Asia (seeking ...

HSBC ranked 14th globally in investment banking fees in 2024, according to LSEG data, down a notch from the previous year. The bank's market share in the fees pot reached 1.5%, mostly thanks to ...

First Citizens BancShares Inc , which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC on Monday, accusing it of poaching more than 40 of the failed bank's employees in ...

Key Background. First Citizens purchased $72 billion worth of assets from SVB at a discounted price of $16.5 billion after the bank’s collapse in March.

The bank’s bonus pool this year is broadly in line with 2023, when it hit a decade-high of about $3.8bn. Operating expenses of $8.1bn in the third quarter were higher than the same period last year.

Silicon Valley Bank’s British subsidiary will be acquired by the banking giant HSBC, the Bank of England announced on Monday as it emphasized the stability of the nation’s banking system.

Nuno Matos, HSBC’s head of wealth and personal banking who had been a leading contender to become chief executive, will leave the bank in a broader management shake-up as Georges Elhedery ...

The restructuring also follows HSBC’s acquisition of Silicon Valley Bank UK in 2023, which had raised hopes of a focus on tech-driven investment banking. However, the withdrawal from ECM and M&A ...

HSBC's management just scored a big victory in a yearlong showdown with one of its top shareholders over the future of the bank. On Friday, the the banking giant's shareholders overwhelmingly ...

The men earlier pleaded guilty to charges of burglary and theft from an HSBC bank in Birchington on 14 July. Nathan Deakin, 32, Brian Kilpatrick, 41, Adrian Gowers, 43 and Robert Waddington, 47, all ...