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 ...

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.

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 ...

LONDON, Jan 29 (Reuters) - HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders and senior Chinese officials that he spoke ...

HSBC Holdings (NYSE:HSBC) just tore a page out of Wall Street's new playbookcut costs, go lean, and chase alpha where the growth still lives. The bank has let go of more than two dozen analysts ...

HSBC’s Canary Wharf office. HSBC shares rose in early trading after the lender increased provisions for loan losses in its first-quarter report. The FTSE 100 giant’s stock jumped two per cent ...

LONDON (Reuters) - HSBC is preparing a foray into the white-hot market for private credit, five sources with knowledge of the plans said, the latest move by a global bank to get in on the booming ...

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 ...

HONG KONG (Reuters) -HSBC said on Tuesday that its stake in Bank of Communications (BOCOM) will drop to about 16% from 19.03%, and it will book a loss of up to $1.6 billion as a result of the ...