HSBC’s customers base increased to 6.2 million last year from 5.4 million, showing the importance of the city, Elhedery says.
Two years after losing a battle to force the breakup of HSBC Holdings Plc, top shareholder Ping An Insurance (Group) Co. said ...
HSBC fired investment bankers on the day they were due to learn their bonus figures and gave no bonuses to many it let go, in ...
British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses — ...
The layoffs take place as deal-making activity in Asia and around the world declines. Investment banks like HSBC are facing further difficulties as a result of weak market circumstances in China and ...
Georges Elhedery, CEO of HSBC Holdings Plc, discusses the bank's restructuring initiative and its global strategy. Elhedery ...
CEO Georges Elhedery revealed that the group, following the exit from key businesses in Europe and the U.S., will eye on ...
Speaking at the 2025 China Development Forum, Georges Elhedery, CEO of HSBC HOLDINGS (00005.HK), said that China's ongoing ...
HSBC has taken drastic cost-cutting measures by firing investment bankers on the day they were expecting their bonuses. The layoffs are part of a broader strategy to focus on Asia and the Middle East, ...
HSBC Holdings Plc expects to double down on its investment-banking operations in Asia and the Middle East after exiting key ...
Trading is much more significant to HSBC than the European and US ECM and M&A businesses it is already shutting down, says ...
HSBC plans to strengthen its IB operations in Asia and the Middle East to capitalize on a stronger competitive edge and ...
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