HSBC has appointed its Chief Financial Officer Georges Elhedery as its next CEO, the bank said Wednesday. Lebanon-born Elhedery, 50, who becomes the bank’s third chief executive in less than ...

LONDON, Jan 23 (Reuters) - HSBC's (HSBA.L), opens new tab decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with the matter said ...

HSBC’s financials have remained reasonably strong in recent quarters. In Q3 2024, pre-tax profits rose to $8.5 billion, up about 6% from the previous year, while HSBC revenues increased 5% year ...

There’s a saying on Wall Street that just because something is cheap doesn’t mean it can’t get cheaper, and that’s basically what HSBC said about UnitedHealth Group Inc.’s stock in a ...

British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses — and denied giving them their annual payout, according to a report.

Europe's largest lender HSBC's first-quarter results on Tuesday beat estimates on the back of robust performance of its wealth business as well as strength in its corporate and institutional ...

HSBC HSBA0.81%increase; green up pointing triangle Chairman Mark Tucker will step down this year, kicking off a hunt for a leader who can steer the Asia-focused bank through a trade war that ...

LONDON (Reuters) -HSBC has launched a new financing tool for U.S. clients to pay import duties following the imposition of sweeping tariffs by President Donald Trump on April 2, which drew ...

HSBC has created a loan designed to help businesses handle the cost of tariffs. HSBC TradePay for Import Duties is an extension of an already existing program. Businesses have been scrambling to ...

HSBC (HSBA.L) posted a drop in pre-tax profits for the first quarter, but announced a share buyback programme of up to $3bn (£2.23bn). In results released on Tuesday morning, the bank said profits ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC fired investment bankers on the day they were due to learn their bonus figures and gave no bonuses to ...

U.S. stocks slipped as Treasury yields rose, impacting Wall Street indexes amid tax-cut bill discussions and federal debt ...