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CEO ELHEDERY
AI will destroy and create new jobs, urges staff to embrace change: HSBC CEOHSBC's top executive Georges Elhedery stated that artificial intelligence will reshape jobs in finance. The bank is actively retraining its...
Singapore urges financial firms to use AI to create better jobsSingapore's Deputy Prime Minister Gan Kim Yong is encouraging banks and financial companies to leverage artificial intelligence. The focus ...
HSBC job cuts: CEO shares big update on lay offs possibility, message for employees on AI issueHSBC recently launched a dedicated $4 billion credit facility to support the global expansion of mainland Chinese companies.
So what is the real oil price right now?The Iran crisis highlights the complex reality of oil pricing, differentiating between physical and financial markets. While financial mark...
HSBC appoints Brendan Nelson as new chairman to replace Mark TuckerHSBC Holdings has appointed Brendan Nelson as its new chairman. Nelson takes over from Mark Tucker, who has returned to AIA Group. Nelson p...
HSBC interim chair Nelson ruled himself out of permanent role, CEO saysHSBC's interim chairman Brendan Nelson will not take the permanent role. The bank's CEO, Georges Elhedery, confirmed this. HSBC's board is ...
HSBC offers $13.6 billion to buy rest of Hong Kong's Hang Seng BankHSBC is set to acquire the remaining shares of Hang Seng Bank for over 106 billion Hong Kong dollars. This move aims to streamline operatio...
HSBC kicks off search for new UK CEOHSBC has begun the search for a new CEO for its UK business following Ian Stuart’s appointment to lead customer engagement and culture. Thi...
HSBC targets $1.5 bn in annual cost savings after revampBanking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup w...
HSBC to wind down M&A and ECM capabilities in Europe, UK & Americas, memo showsThe bank said it would retain "more focused M&A and Equity Capital Markets capabilities in Asia and the Middle East".
HSBC's payments app closure puts around 400 jobs at risk: ReportHSBC is shutting down its international payments app Zing, which may lead to approximately 400 job losses, as part of CEO Georges Elhedery'...
HSBC managers are competing to keep their jobs in CEO’s revampHSBC Holdings Plc has initiated a major restructuring within its corporate and institutional banking division, requiring hundreds of manage...
HSBC books 10% profit rise for third quarter, launches $3 bln buybackHSBC Holdings reported a 10% increase in third-quarter profits, surpassing analyst predictions. The bank also announced an additional $3 bi...
Who is Pam Kaur, HSBC’s first female CFO in 160 years and a graduate of Panjab University?Pam Kaur has been appointed as the new CFO of HSBC, making her the first female to hold this role. She was previously HSBC’s chief risk and...
HSBC appoints Pam Kaur as first female CFO; announces restructuringHSBC Holdings has appointed Pam Kaur as its first female finance chief, replacing Georges Elhedery. The company will restructure into four ...
HSBC appoints Georges Elhedery as group chief executiveHSBC Holdings Plc announced the appointment of Georges Elhedery as the group chief executive, effective September 2. The appointment marks ...
HSBC's top ranks house likely successor to CEO QuinnHSBC prepares for a new CEO as Noel Quinn retires. Mark Tucker oversees succession. Internal and external candidates considered. Women lead...