Outgoing board head Mark Tucker churned through CEOs and steered the $220 bln bank’s vast overhaul. Now, with the right boss ...

Europe’s largest lender HSBC on Wednesday missed second-quarter profit expectations, mostly on account of impairment charges, ...

Bank giant HSBC said Wednesday that group profits fell in the first half on higher costs but noted that it was "well ...

Elhedery, 50, who becomes HSBC's third CEO in less than eight years, will replace outgoing head Noel Quinn from September 2. The 160-year-old lender has traditionally appointed its CEO from within.

HSBC Holdings reported a sharper-than-expected drop in profit on Wednesday, hurt by write-downs from exposures to a Chinese ...

HSBC Holdings has today reported a 26% slide in first-half pretax profit, missing analyst estimates, as impairments from its investment in China's Bank of Communications and exposure to Hong Kong real ...

The group also revealed that it was about halfway through its efforts to save 1.5 billion US billion (£1.1 billion) worth of ...

The boss of HSBC has joined his 'Big Four' banking chiefs in sending a warning to Rachel Reeves over tax concerns.

HSBC chief executive Georges Elhedery has announced an overhaul of the bank that will split it into four divisions and create a new geographic set-up separating east from west, as he seeks to cut ...

Mr Elhedery's remuneration as Executive Director and Group Chief Executive of the Company under his service contract will consist of a base salary of £1,376,000 per annum, a fixed pay allowance ...

BAE Systems also came under pressure, falling 24p to 1797p despite its upgrade to 2025 guidance. GSK also surrendered initial ...

Georges Elhedery will be eligible for a total remuneration package worth just over £15m as part of plans to be unveiled by Europe's biggest lender later this month, Sky News can reveal.