HSBC
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
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 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
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
1 min read
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
2 min read
Musical chairs at Citi, JPMorgan and HSBC: FN wealth this week
Catch up on the top news in wealth management this week
4 min read
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
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
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
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
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
HSBC to close international payments app Zing a year after launch
The bank developed Zing to compete with fintechs Wise and Revolut
3 min read
Ex-HSBC trader drops tribunal claim over drugs phone call
Yann Adem said he was bullied and faced homophobic discrimination
2 min read
Stonehage Fleming hires ex-HSBC private bank veteran Stuart Parkinson as CEO
Parkinson, who left the bank to lead wealth firm Lombard International Group in 2020, succeeds longstanding chief Giuseppe Ciucci
2 min read
