HSBC
HSBC said to explore sale of South Africa units to focus on Asia
HSBC Holdings is weighing a sale of its South African businesses as the lender focuses on Asian markets, according to people with knowledge of the matter.
The South African branch...
HSBC launches employee benefits platform for SMEs in Singapore
HSBC has launched a platform, to help small and medium-sized enterprises (SMEs) better manage employees’ benefits, in Singapore on Monday (Jul 29). The platform, HSBC Thrive Benefits, allows employees...
HSBC names Georges Elhedery as next chief executive
HSBC has appointed its chief financial officer Georges Elhedery as its next CEO, the bank said on Wednesday (Jul 17), opting for continuity as it tries to kick-start growth.Elhedery,...
HSBC gains edge against US$1 billion SVB banker-poaching suit
A FEDERAL judge expressed doubt about the merits of a US$1 billion lawsuit by First Citizens Bank & Trust accusing HSBC Holdings of stealing trade secrets when it recruited...
HSBC will reshape investment banking to look more like rivals
HSBC Holdings is revamping parts of its investment bank in a move that will make it look more like rivals such as Citigroup.Executives in HSBC’s global banking business are...
HSBC eyes payouts, new roles for executives pipped to CEO job: sources
AS HSBC prepares to name its third CEO in nine years, the bank is exploring financial incentives and reallocating key projects to retain those who miss out on the...
HSBC curbs hiring, reins in banker travel in cost-cutting push
HSBC Holdings is slowing down hiring and asking investment bankers to rein in their travel and entertainment expenses as outgoing chief executive officer Noel Quinn looks to curb costs...
HSBC fights UBS for Asia wealth under former Wall Street banker
THE head of HSBC Holdings’s private bank is planning a fresh recruiting drive as part of her bid to regain the title of Asia’s biggest wealth manager from UBS...
