HSBC US Head of Wealth, Premier and Global Private Banking Racquel Oden Wins the London Stock Exchange Group Global Executive Leader Award

NEW YORK--(BUSINESS WIRE)--HSBC US Head of Wealth, Premier and Global Private Banking Racquel Oden was awarded the London Stock Exchange Group Global Executive Leader Award at the 2024 Powerlist Bl...

BP, HSBC, Google, McDonald's line up on big Tuesday

Tuesday brings updates from HSBC and BP, after the former signalled a split of its Asian and UK businesses recently.

HSBC joins China's payment system in boost to yuan usage

HSBC's Hong Kong unit has joined China's worldwide interbank renminbi payment system (CIPS) as a direct offshore participant, according to a company statement.

HSBC's big structural changes the focus in next week's update

HSBC Holdings PLC (LSE:HSBA) third-quarter update has been overshadowed by the significant structural changes announced by new chief executive Georges Elhedery. Clear water is being put between the...

HSBC CEO tells staff senior redundancies inevitable after revamp

Some senior HSBC staff should brace for job cuts after the bank's latest restructuring, Chief Executive Georges Elhedery told staff in a memo seen by Reuters on Wednesday.

HSBC Restructuring Includes New Leadership, Strategic Approaches

HSBC is calling it a simplified organization structure. But a press release issued Tuesday (Oct. 22), indicates the banking group is making big changes being implemented Jan. 1, 2025.

HSBC's first female CFO in 160 years: who is Pam Kaur?

HSBC has named Pam Kaur as its new Chief Financial Officer (CFO), marking a historic first in the bank's 160-year history. Kaur's appointment follows the leadership reshuffle that saw Georges Elhed...

HSBC reorganises into four divisions, appoints new CFO

HSBC Holdings PLC (LSE:HSBA) has reorganised its organisational structure into four businesses, slimmed down its group executive committee and appointed a new chief financial officer. Europe's larg...

HSBC names Pam Kaur as first female CFO amid major restructuring

HSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and announced a consolidation of the bank into four business units. Aaron P | Bauer-Griffin | GC Images | Getty Imag...

HSBC appoints Pam Kaur as first female CFO

HSBC Holdings , on Tuesday named insider Pam Kaur as its first female chief financial officer, filling a role left vacant following Georges Elhedery's elevation as CEO earlier this year.

HSBC: Indonesia can meet 3% fiscal target despite new government's proposed policies

Pranjul Bhandari of HSBC says the next Indonesian administration under Prabowo Subianto can stay fiscally prudent if it repurposes budget channels.

HSBC appeals decision reinstating female banker's discrimination claim

HSBC on Thursday appealed a tribunal's decision to reinstate a female, senior investment banker's lawsuit that alleges the bank victimised and discriminated against her when it did not hire her for...

HSBC Plans to Expand Private Wealth Management Business in Canada

HSBC aims to double its private client business in Canada as the Canadian private wealth management market offers an attractive opportunity for the company.

HSBC to trim layer of senior management by merger of banking divisions

HSBC Holdings PLC (LSE:HSBA) is reportedly close to axing some of its most highly paid senior bankers to try and cut up to $300 million of costs. After taking over as chief executive last month, Ge...

RBNZ likely to cut rates by another 50 basis points at its next meeting: HSBC economist

Paul Bloxham, chief economist for Australia and New Zealand and global commodities at HSBC, says the Reserve Bank of New Zealand is likely to cut rates further in 2025, reaching a policy rate of 3....


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