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In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.
The London-based bank reported a drop in second-quarter net profit and said it plans to initiate a share buyback of up to $3 ...
HSBC Holdings Plc’s earnings for the second quarter fell short of expectations after it posted a rise in expenses and took a ...
The boss of HSBC has warned Rachel Reeves that a punishing new tax raid will deliver a hammer blow to the UK economy.
HSBC has been accused of funding deforestation in one of South America’s largest forests, increasing scrutiny of the bank’s climate policy under Georges Elhedery, its new chief. The lender ...
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HSBC targets $1.5 bn in annual cost savings after revamp - MSNBanking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end ...
The boss of FTSE 100 juggernaut HSBC has become the latest banking voice to warn Rachel Reeves against raising taxes on banks ...
Elhedery currently receives a base salary of £1.38 million ($1.7 million) as well as an additional fixed pay allowance worth £1.7 million. On top of this, he is entitled to an annual incentive ...
Banking giant HSBC said Wednesday that CEO Georges Elhedery’s plan since October to simplify the company’s structure and geographic setup will yield $1.5 billion in annual cost savings by the ...
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