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HSBC

Wanted: more private bankers at HSBC

Catch up on the top news in wealth management this week

3 min read

HSBC eyes more hires for UK private banking arm

UK lender still going strong on wealth recruitment as it cuts City dealmakers

2 min read

wealth managementHSBCprivate banking

HSBC cancels UK corporate conference after dealmaking retreat 

The UK lender is shuttering its M&A and equity capital markets functions in Europe, and has called off a key meeting of companies scheduled for May

2 min read

HSBC’s equities trading and research to survive Elhedery’s overhaul

The lender is reviewing parts of its investment banking operations

2 min read

HSBC hiring for new UK global banking boss as Markham takes on top credit role

The UK lender has been reshuffling its senior ranks as CEO Georges Elhedery looks to simplify its business

2 min read

HSBCInvestment BankingOn the move

HSBC looks for new UK boss as Stuart moves to ‘customer and culture’ role

The bank has been shaking up its senior ranks in recent months under new chief executive Georges Elhedery

1 min read

Top Lawyers for FN’s Legal List

Wanted

Top Lawyers for FN’s Legal List

David Wighton

David Wighton

Check out FN's latest profiles

An Audience With

Check out FN's latest profiles

Top UK banks show slow progress on improving gender pay gap

UK investment banks have closed the gender pay gap slightly, but big bonuses means change is slow

2 min read

BarclaysHSBCInvestment BankingNatWest GroupDiversity

HSBC targets hundreds of City dealmaking jobs as cuts start 

The UK lender has informed London bankers of job reductions in recent days

4 min read

HSBC set to miss own target for doubling Black senior leaders

Bank blames ‘changes to global footprint’ in recent years

2 min read

HSBC reduces top investment banker bonuses to $737,600 amid costs focus

The UK lender has reduced average bonuses for top employees in its investment bank as it ramps up cost-cuts

3 min read

HSBC’s overhaul to cost $1.8bn as investment bank jobs in firing line

The UK lender is cutting employee costs by 8% by stripping out duplicate roles. Its new corporate and institutional division is likely to be a key target

6 min read

Former HSBC boss Flint to step down as CEO of UK sovereign wealth fund

John Flint had overseen the transition from UK infrastructure bank to sovereign wealth fund last year

HSBC plans fresh layoffs in investment bank as overhaul picks up pace

The UK lender is set to start cutting jobs in its dealmaking team from 17 February

Musical chairs at Citi, JPMorgan and HSBC: FN wealth this week

Catch up on the top news in wealth management this week

JPMorgan, Citi, HSBC shake up private banks: ‘We’ve seen more people move than in a long time’

Veterans like Ida Liu and Annabel Spring have left. Banks now have some big vacancies to fill

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On the Move

On the Move

London’s battered brokers face bruising year

A dearth of IPOs in London has added to the woes of City brokers, who are facing a period of rapid consolidation. Senior leaders remain pessimistic that anything will change any time soon

7 min read

Investment BankingHsbcBerenbergDeutsche Bank

Why has HSBC failed? Former bankers blame the stifling culture and bureaucracy

HSBC throws in the towel on UK M&A as squeeze on European banks continues

4 min read

ICG hires HSBC director as diversity head

London-listed private equity firm taps Biral Joshi to newly created culture and inclusion role amid anti-woke backlash

2 min read

HSBC to shutter M&A and ECM in Europe and Americas in dealmaking reversal

The UK lender is set to pull back from key investment banking divisions in the UK, Europe and the Americas

4 min read

How HSBC’s Zing went from $150m fintech darling to the chopping block a year later

App’s creation was steered by Nuno Matos, HSBC’s wealth chief who left the bank after losing out on its top job

7 min read

FN Law

FN Law