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When Georges Elhedery took the helm at HSBC, he wasted no time making his mark on the firm. Elhedery plotted a “simpler, more ...
It is not in the interests of its shareholders, customers or stakeholders for HSBC’s structure to remain the subject of prolonged debate,” the bank added. In his letter, Huang said the lender ...
signalling a strategic withdrawal from European and North American markets where the bank has faced challenges competing with larger local institutions. In a statement, HSBC noted, "These ...
Spring’s departure comes just a few weeks after Céline Herweijer, the group sustainability officer, announced her plans to leave the bank one month after HSBC sent out a statement that said she ...
we have made the decision to close Zing and integrate its underlying technology platform into HSBC," a spokesperson for the bank said in a statement. "HSBC is focused on increasing leadership and ...
Activist shareholders pressured HSBC HSBA-1.34%decrease ... expressing concern at recent changes by the global banking giant that they say cast doubt on its climate priorities.
Hong Kong-based lender Hang Seng Bank said on Thursday that it was restructuring its business and streamlining duplicate roles in a move that would lead to job losses for about 1% of its "core staff".
HSBC Malta has set up a virtual data room to share information “securely and in confidence” about its operations as the bank’s potential sale enters a new phase. In a company statement published on ...
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.