News

HSBC Hunts for New Chair to Replace Hard-Charging Tucker
HSBC Chairman Mark Tucker will step down this year, kicking off a hunt for a leader who can steer the Asia-focused bank ...
HSBC Braces for $1.6 Billion Hit in China Shakeup -- But Investors Are Getting a $3 Billion Surprise
HSBC Holdings is staring down a potential pretax loss of up to $1.6 billion after China's Finance Ministry announced a $69 ...
Reuters21d
HSBC China's top wealth banker reassigned, Asia wealth head relocates to Shanghai
HSBC is reducing staff numbers at its China digital wealth business Pinnacle ... Warren Buffett announced he would pass the reins as CEO to Vice Chairman Greg Abel, as he presided over his 60th ...
Business Times11d
HSBC to lose Asia expert as chairman Mark Tucker announces retirement
Tucker, the bank’s first ever externally recruited chairman, will remain as a strategic adviser to CEO Georges Elhedery ... came to a head for HSBC in May 2023 when its then-biggest shareholder Ping ...
HSBC Faces $1.6 Billion Charge as China Recapitalizes BoCom
HSBC Holdings Plc said it expects to record a pretax loss of as much as $1.6 billion as China’s Finance Ministry recapitalizes Bank of Communications Co. and diluted the London-based lender’s stake in ...
HSBC chair prepares to bow out after turbulent eight-year reign
Over his term, Tucker has overseen a radical reshaping of HSBC, including two major restructurings of its business that has ...