HSBC new CEO appointment is unsurprising, says broker
HSBC Holdings PLC (LSE:HSBA) promoting Georges Elhedery, its current chief financial officer, to be its new CEO is unsurprising, analysts said. Following the retirement announcement from Noel Quinn...
HSBC appoints current finance chief Georges Elhedery to CEO
HSBC Holdings on Wednesday said its current chief financial officer, Georges Elhedery, will take over from Noel Quinn as its new CEO.
HSBC promotes former markets and finance chief Georges Elhedery to CEO
HSBC Holdings PLC (LSE:HSBA) has promoted finance chief Georges Elhedery to the role of group chief executive, after Noel Quinn's surprise retirement announcement in April. Elhedery, who joined th...
HSBC's Elhedery takes fast track from finance to CEO
When Georges Elhedery took a six-month break from HSBC in 2022, some feared he had called time on a 17-year stint at the Asia-focused lender. But two years on, the novice Mandarin-speaker is just w...
The five biggest challenges facing new HSBC CEO Georges Elhedery
Delivering growth amid falling interest rates, navigating tensions between China and the West, and managing HSBC's exposure to China's lingering bad loans crisis will be among the top challenges fa...
HSBC appoints Georges Elhedery as group chief executive
HSBC Holdings Ltd said on Wednesday it has appointed Georges Elhedery as its group chief executive, with effect from Sept. 2.
UK seeing surge of AI start up investment says HSBC
Britain has created 176 $1 billion-plus startups or unicorns, with five new ones added in 2024 to date, new research from HSBC and Dealroom has found. “Notably, 69 of these unicorns are still unrea...
HSBC: Q2 2024 Earnings Preview, Investment Case Remains Geared To Income
HSBC Holdings plc is expected to report weak Q2 2024 earnings, with potential rate cuts ahead impacting revenue and earnings growth. Despite underperforming the market, HSBC Holdings' dividend yiel...
HSBC's Zing Leverages Visa Solutions for Cross-Border Payments
Visa announced Tuesday (July 9) that it partnered with Zing, a FinTech that is part of the HSBC Group, to develop an international payments app that Zing launched in the United Kingdom in January.
HSBC fined $3 mln over incentive offers to agents around MPF scheme
HSBC has been fined HK$24 million ($3.07 million) for offering incentives to "unregistered intermediaries" to get clients to join its Mandatory Provident Fund (MPF) scheme in 2020 and 2021, Hong Ko...
HSBC Curbs Hiring, Reins In Banker Travel
Bloomberg had learned that HSBC Holdings Plc is slowing down hiring and asking investment bankers to rein in their travel expenses. The move comes as outgoing Chief Executive Officer Noel Quinn lo...
HSBC users locked out of online banking on payday
HSBC Holdings PLC (LSE:HSBA) users were left unable to access their bank accounts on payday this morning after the lender suffered an outage on its mobile banking app. Some 7,000 reports of outage...
HSBC, Barclays and NatWest all cut mortgage rates
HSBC Holdings PLC (LSE:HSBA) has followed rivals Barclays and NatWest and started to cut its mortgage rates ahead of what is expected a run of base rate reductions to the end of the year and into 2...
HSBC's Williams on Oil Volatility
Simon Williams, HSBC Chief Economist, CEEMEA, discusses oil volatility due to geopolitics, He speaks with Joumanna Bercetche on Horizons Middle East & Africa. -------- More on Bloomberg Television ...
HSBC to Streamline Operations in Germany Amid Asia Expansion
HSBC is considering restructuring its Germany-based business through the sale of fund administration unit INKA and custody business as well as wealth management operations.
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