HSBC
HSBC appoints ex-Citi banker as new Singapore head of global banking
HSBC has appointed Gilbert Ng, former head of corporate banking at Citigroup, as its new head of global banking for Singapore. The appointment was effective from Thursday (May 2).Ng...
HSBC asked by US$890 billion investor group to set new energy goal
A GROUP of HSBC investors wants the bank to set a funding target for renewable energy amid concerns its current green pledges are too vague.It’s part of a list...
HSBC CEO to retire; bank reports 1.7% lower Q1 profit of US$10.8 billion
HSBC’s group chief executive officer Noel Quinn is retiring after nearly five years in the role, announced the London-headquartered bank on the same day it released its business update...
Norway sovereign wealth fund backs HSBC bonus policy reform
NORWAY’S US$1.6 trillion sovereign wealth fund, one of the world’s largest investors, will support HSBC’s proposed bonus policy change for so-called material risk takers (MRTs), the Norwegian fund manager’s...
HSBC says growing Chinese wealth fuels client investments in US
HSBC’s wealthy clients in China and Hong Kong are still eager to invest in the US, according to Michael Roberts, the bank’s CEO for the USA and Americas.
China’s economic...
Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs as deals slump
MORGAN Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the matter said, as weaker deal activities and...
HSBC cuts a dozen investment bankers in Asia on deals slump
HSBC Holdings has started a new round of job cuts at its Asia investment bank amid a slump in dealmaking across the region, according to people familiar with the...
HSBC changes insurance head after Hingston’s surprise exit
THE head of HSBC Holdings’ insurance business is unexpectedly leaving the Asia-focused lender after two years in the post, and will be replaced by veteran insider Ed Moncreiffe.
Greg Hingston...
