News: Latest Articles and Media Releases | HSBC Holdings plc
Discover the latest news articles and media releases from HSBC or explore our archive for top news articles from the recent past.
HSBC profits jump as banking giant set for major shakeup
Oct 29, 2024 · HSBC has seen its quarterly profits jump by 10% as the UK-based banking giant embarks on one of the biggest shakeups in its 159-year history. The firm said its pre-tax profits rose to $8.5bn...
HSBC embarks on major restructuring, names first female CFO
Oct 22, 2024 · HSBC has unveiled a major overhaul, announcing a new geographic setup, consolidated operations and a new CFO — the lender’s first female finance chief. This is the second heavyweight leadership...
Announcement - HSBC Holdings plc 3Q 2024 Earnings Release
Oct 29, 2024 · There was strong revenue growth and good performances in Wealth and Wholesale Transaction Banking. Our strong organic capital generation enables us to announce a further $4.8bn of distributions in respect of the third quarter, which bring the total distributions announced so far in 2024 to $18.4bn.
What triggered Noel Quinn’s shock exit from HSBC - Financial Times
May 1, 2024 · At a Windsor retreat for senior HSBC employees in early December, chief executive Noel Quinn made it clear he had no intention to leave the bank, three people who attended told the Financial...
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HSBC Kicks Off Biggest Restructuring in Decade Under New CEO
Oct 22, 2024 · HSBC Holdings Plc unveiled a broad restructuring across different business lines and geographies as newly appointed Chief Executive Officer Georges Elhedery embarks on an ambitious effort to cut...
HSBC Posts Higher Quarterly Net Profit, Plans $3 Billion Buyback ...
Oct 29, 2024 · HSBC Holdings reported a rise in third-quarter net profit, thanks to higher fee and trading income, and announced a new share buyback of up to $3 billion. The London-based bank said Tuesday that ...
HSBC wins battle with biggest shareholder over call to break up bank - CNN
May 5, 2023 · HSBC has seen off an attempt by its biggest shareholder to break up the bank, with an “overwhelming majority” of investors voting Friday to keep the business intact.
HSBC shares surge on another $3 billion buyback plan and
Provided by Dow Jones Oct 29, 2024 3:24am. By Louis Goss. HSBC shares increased 4% on Tuesday as the British bank beat analysts' earnings expectations for the third quarter and launched another $3 ...