A group of powerful HSBC shareholders have written to the bank’s CEO, John Flint, urging him to close a loophole in its energy policy that allows the lender to bankroll coal projects in certain emerging markets.
HSBC is one of the largest banking and financial services organisations in the world.
Not a bad day at the office.
'We don’t need to do anything radical'.
HSBC reported 2018 profit and revenue that came in below expectations following a challenging fourth-quarter.
Not a good sign.
British fintech start-up Bud says it secured $20 million in a funding round co-led by HSBC and Goldman Sachs.
HSBC has agreed to pay $30m to settle litigation by investors who accused 11 big banks of rigging the roughly $9 trillion government agency bond market from 2009 to 2015.
HSBC has the worst gender pay gap among UK banks, reveal new figures that show the gap widening for female workers.
HSBC is closely tied to Huawei and China, but a source familiar with the matter tells CNBC that the bank is not being investigated in the current legal case.
Bank of New York Mellon Corp on Wednesday named Avi Shua as technology lead for wealth management, effective immediately.
HSBC remains atop SNL Financial's ranking of Europe's 50 largest banks by total assets for the third successive year, although its position was distorted by the fall in the euro against the dollar and other major currencies.
Barclays named Chris Leonard to run U.S. rates trading, recruiting the founder of hedge fund Arcem Capital LLC to turn around the business that was blamed for a dragging down the investment bank’s results last quarter.
HSBC has announced that Paul Thurston will retire as a Group Managing Director and Chief Executive of Retail Banking and Wealth Management (RBWM), after a distinguished 37-year career with the HSBC Group, on 31 December 2012.
Hot on the heels of the announcement that JPMorgan has spurned Canary Wharf and has chosen the 'Square Mile' for its new European HQ (St Alphage House in London Wall), most of the interest centres around the fact that, of the 1 million square feet that makes up the new building, there will be four giant trading floors of some 72,000 square feet each.
The Wall Street Journal's 'Heard on the Street' column reports 'gallows humour' over at the Goldman Sachs trading floor on the 29th floor at 85 Broad St - the sound of the Soviet anthem was apparently heard across the floor last week, after traders heard that that 90% punitive bonus legislation had successfully passed through the House of Representatives.
The Sunday Times/ Starmine 2003 analyst of the year awards have been published. Most firms in the industry agreed to participate in the research, which focused on analyst stock recommendations and the accuracy of earnings forecasts during 2003. Detailed below are the individual and firm league tables.
Citigroup has hired Sabrina Wilson from Deutsche Bank to head its global electronic and algorithmic trading.
Bank of America promoted Craig Coben to vice chairman of global capital markets, according to an internal memo.
Dennis Lafferty, one of Goldman Sachs’s top distressed-debt traders, is in talks to join HSBC to run a new loans and special situations unit in New York, according to two people with knowledge of the matter.