News

Julian Wentzel, head of global banking for the Middle East, North Africa and Turkey region, will be interim group chief sustainability officer pending a permanent replacement, HSBC said.
LONDON, Feb 21 (Reuters) - HSBC HSBA.L> said it still expects to complete the sale of its Russia business in first-half 2023, in the most significant update on the progress of the deal since it ...
Former HSBC CEO Noel Quinn will join Swiss wealth manager Julius Baer Group as its next chairman in May, pending shareholder approval, according to a company statement on Friday.
The deal, valued at €925 million, would represent a strategic move in HSBC’s plan to simplify its operations. Pending regulatory approvals and employee consultations, the transaction is ...
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.
The speech — entitled “Why investors need not worry about climate risk” — drew public criticism from HSBC which suspended Kirk pending an internal investigation. On Thursday he announced ...
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 ...
Speculation had been rife in recent months about HSBC’s pending exit from Argentina, so the group’s announcement that it will dispose of its local operation to GGAL for $550m wasn’t all that ...
HSBC’s profits have soared as it continues to cut costs and cash in on high interest rates around the world. Europe’s biggest bank said Tuesday that pre-tax profit grew by $4.1 billion to $8.8 ...
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 ...