HSBC Holdings plc Sponsored ADR (HSBC)
HSBC stops processing all Russia payments for retail customers
HSBC has stopped processing all payments from Russia or Belarus for personal banking customers, a spokesperson for the bank confirmed on Friday.
Emily Turner appointed CEO of HSBC Innovation Banking UK
HSBC has appointed former Citi banker Emily Turner as CEO of its Innovation Banking UK arm, the tech-focused business unit which it created following its acquisition of the British business of failed U.S. lender Silicon Valley Bank.
HSBC Holdings eyes mass affluent with new account
HSBC Holdings PLC (LSE:HSBA) is reintroducing its Premier wealth banking brand in the UK, focusing on "mass affluent" clients with £100,000 to £2 million available for investment, according to Reuters, citing José Carvalho, head of UK Wealth and Personal Banking. The updated Premier service provides 24/7 customer support, financial planning tools, and lifestyle benefits, including travel perks.
HSBC relaunches 'Premier' brand in UK in pursuit of wealthy clients
HSBC is relaunching its 'Premier' wealth banking brand in Britain, targeting so-called mass affluent customers who have between 100,000 and 2 million pounds ($2.5 million) to invest.
HSBC to Lay Off Hundreds of Top Bankers to Achieve Cost Efficiency
HSBC intends to reduce its workforce by removing top bankers as part of its business streamlining efforts. This aligns with its efforts to achieve cost efficiency.
US 10-Year Yield a Good Entry Point for Bond Investors: HSBC's Major
Steven Major, global head of FI research at HSBC, explains his bullish 10-Year US Treasury forecast for 2025 on "Bloomberg Surveillance."
HSBC to shed hundreds of senior jobs in major corporate overhaul
Several hundred senior staff members at HSBC Holdings PLC (LSE:HSBA) are expected to lose their jobs amid a dramatic reshaping of the global lender's corporate structure. Bloomberg reported that hundreds of senior managers have been instructed to reapply for roles in its newly established corporate and institutional banking (CIB) division as part of a restructuring initiative led by chief executive Georges Elhedery.
HSBC reportedly asks middle managers to reapply for jobs as layoffs loom
HSBC has reportedly asked some managers to reapply for their jobs as part of a cost-cutting restructure. Bloomberg reported Monday that hundreds of senior staff will likely lose their jobs.
HSBC Makes Managers Vie for Jobs Amid CEO Streamlining
HSBC reportedly wants hundreds of managers to reapply for jobs at the bank's new division. Interviews for positions at HSBC's corporate and institutional banking (CIB) arm have already begun, Bloomberg News reported Monday (Nov. 18), citing sources familiar with the matter.
HSBC Managers Are Competing to Keep Their Jobs in CEO's Revamp
HSBC Holdings Plc has asked hundreds of managers to reapply for jobs in the firm's newly formed corporate and institutional banking division as Chief Executive Officer Georges Elhedery continues his hunt for ways to make the bank run more efficiently. Interviews are already underway, according to people familiar with the matter, essentially pitting senior staff who came from the commercial banking division against those from the global banking and markets unit to compete for the jobs available in the combined CIB division.
Trade is what clients are calling us most about postelection, says HSBC's Gerry Keefe
Gerry Keefe, HSBC co-head of global banking, joins 'Money Movers' to discuss what to expect from global equity performance following Trump's election victory, what industries tariffs will target first, and much more.
Asian central banks being cautious with rate cuts as Trumponomics could push dollar higher: HSBC
Fred Neumann from HSBC talks about Trump's economic policies' impact on Asian economies.
