HSBC is cutting as many as 15 per cent of its 2,000 senior operations managers worldwide, as it attempts to streamline its management ranks and reduce costs, two sources with knowledge of the matter ...
HSBC has ‘moved on’ from exploring Asian business sell off, chief Quinn says
The HSBC board has “moved on” from exploring selling its Asian business in a move that would have kowtowed to its largest shareholder, the bank’s chief executive said today. Speaking at the Financial ...
HSBC cutting 200 senior operations managers in global cost drive -sources
HSBC is cutting as many as 15% of its 2,000 senior operations managers worldwide, as it attempts to streamline its management ranks and reduce costs, two sources with knowledge of the matter said. The ...
Coronavirus vaccine: Hong Kong elderly first in line for second-generation BioNTech shots as city rolls out Omicron-specific jabs
Hong Kong rolled out the BioNTech Omicron-specific Covid-19 vaccine on Thursday as elderly residents who waited months for its arrival became some of the first to receive the jabs. Residents can now ...
Hong Kong must invest more in digital economy to catch Singapore, mainland China, Chamber of Commerce boss warns
Hong Kong needs to substantially increase its investment in technology and the digital economy if it is to catch up with Singapore, mainland China and India in a field that affects its standing as an ...
HSBC chief denies Beijing is behind Ping An push to split bank
HSBC chief executive Noel Quinn has denied that Ping An’s campaign to break up the bank is directed from Beijing and said the Chinese insurer’s demands are not backed by other ...
HSBC CEO ratchets ups cost-cutting target for next year
HSBC has identified $1.7 billion of extra costs that can be stripped out next year, Chief Executive Noel Quinn said on Friday, as the bank battles to improve returns amid calls for it to be broken up ...
Hong Kong court delays media mogul’s national security trial
A HONG KONG court delayed media mogul Jimmy Lai’s foreign collusion trial, as China mulls a local government request to bar overseas-based lawyers from representing defendants in national security ...
Hong Kong court delays trial of pro-democracy tycoon
Jailed pro-democracy media tycoon Jimmy Lai’s trial under Hong Kong’s national security law was delayed Thursday as the government ...
Interview: Hong Kong Begins Post-Pandemic Fight Back
Hong Kong International executive director for airport operations Vivian Cheung explains how the airport is fighting back after being laid low during the pandemic.
Hong Kong finance chief upbeat on city’s medium, long-term growth despite weak economy, points to ‘lots of inquiries’ on talent scheme
Paul Chan says at economic forum that city's popularity and wealth will 'flourish' in coming years under new talent programmes He argues recent mega events such as a financial summit and the Rugby ...
Hong Kong is back, but not its former way of life
Readers discuss the changes in Hong Kong in recent years, and requiring schoolchildren to wear masks during physical education lessons Feel strongly about these letters, or any other aspects of the ...
Alibaba, Nio Soar Over 7%: Powell’s Speech Fires Up Hang Seng After Strong Wall Street Close
Hong Kong stocks soared on Thursday with the benchmark Hang Seng opening 2.47% higher following Federal Reserve Chair Jerome Powell’s speech that indicated the central bank may slow the pace of rate ...
HSBC names new marketing head for wealth and personal banking
Subscribe to our Telegram channel for the latest updates in the marketing and advertising scene. HSBC has appointed Cheuk Shum (pictured) as new head of marketing for wealth and personal banking.