HSBC
BNP Paribas to buy German private banking unit from HSBC
HSBC has been exploring the sale of various businesses in Europe’s largest economyBNP Paribas has signed an agreement with HSBC Holdings to buy the UK-based lender’s private banking operations...
BNP Paribas to buy German private banking unit from HSBC
HSBC has been exploring the sale of various businesses in Europe’s largest economyBNP Paribas has signed an agreement with HSBC Holdings to buy the UK-based lender’s private banking operations...
HSBC cuts key rate in Hong Kong for the first time since 2019
HSBC Holdings cut its key benchmark rate in Hong Kong for the first time since 2019, a move likely to hit margins while bringing relief to homeowners and borrowers...
HSBC in talks to sell South African unit to FirstRand
HSBC Holdings is in talks to sell its South African corporate banking unit to FirstRand’s Rand Merchant Bank, people with knowledge of the matter said, as the UK lender...
HSBC mulls combining commercial, investment bank to cut costs
HSBC Holdings is weighing combining its commercial and investment bank divisions as part of new chief executive officer Georges Elhedery’s push to eliminate overlapping roles across the company and...
HSBC ordered by UK to review data handling after years of lapses
This comes three years after regulators flagged shortcomings within nine areas of HSBC’s risk management capabilitiesUK regulators have ordered HSBC Holdings to review how it collects and monitors the...
HSBC new CEO Elhedery ‘committed’ to build on current strategy
HSBC’s new chief executive Georges Elhedery, who took the helm at the Europe’s largest lender on Monday (Sep 2), said he was committed to build on the bank’s current...
HSBC exit makes Matos one of Europe’s most sought-after bankers
As HSBC Holdings’s top executives queued up in July to publicly welcome the installation of Georges Elhedery as the bank’s next chief executive officer, one prominent voice was notably...