Chinese autonomous driving firm Horizon Robotics has priced its shares at HK$3.99 each, the top of its range, to raise $696 million in an initial public offering in Hong Kong, according to two sources ...
HSBC reorganises to make Hong Kong a ‘top strategic priority’ in global banking business
HSBC Holdings will reorganise its worldwide operations into four business units and two geographic areas, as one of the world’s largest banks creates a structure that makes Hong Kong – the H in HSBC – ...
HSBC splits bank between East and West in major overhaul
HSBC has announced the appointment of its first female finance chief in the bank's 159-year history as its new boss shakes up the business. Pam Kaur has worked at the bank for more than a decade and ...
HSBC merges commercial and investment banking units, names first female CFO
HSBC Holdings said on Tuesday it would combine its commercial and investment banking operations in a major overhaul under new CEO Georges Elhedery that has also seen key senior staff depart. Seeking ...
HSBC puts wealth in the spotlight after huge restructure
HSBC Holdings is set to undergo a massive restructure into four businesses to accelerate delivery against its strategic priorities. From 1 January 2025, HSBC will operate under these arms; Hong Kong, ...
New HSBC CEO Shakes Up Structure of Europe’s Biggest Bank
HSBC unveiled a revamped structure designed to cut costs, at a time when falling interest rates are likely to eat into income at Europe's biggest bank by assets Under the [plan laid out Tuesday]( ...
HSBC’s first female CFO in 160 years: who is Pam Kaur?
HSBC appoints Pam Kaur as its first female CFO in 160 years, effective January 2025, amid a strategic restructuring aimed at boosting growth in Asia.
HSBC appoints Pam Kaur as first female CFO; announces restructuring
HSBC Holdings , named insider Pam Kaur as its first female finance chief on Tuesday, replacing Georges Elhedery who became CEO earlier this year, and announced a reorganization streamlining the bank ...
Hong Kong – Proposed Legislative Amendments To The Banking Ordinance.
Hong Kong - Proposed Legislative Amendments To The Banking Ordinance. Legal News and Analysis - Hong Kong - Banking & Finance - Conventus Law ...
HSBC splits up bank amid growing tensions between China and the West
HSBC has unveiled a sweeping overhaul of its bank separating its UK division from its Asia business amid growing geopolitical tensions between China and the West. The lender on Tuesday announced that ...
HSBC streamlines business units into four, names new CFO
LONDON : HSBC Holdings Plc said it would merge two of its largest businesses, outside the UK and Hong Kong, and restructure regionally as CEO Georges Elhedery looks to rein in costs against a backdrop ...
HSBC names insider Pam Kaur as first female CFO – report
HSBC ( NYSE: HSBC) appointed Pam Kaur as its first female Chief Financial Officer, replacing Georges Elhedery, who was promoted to CEO earlier. Kaur, 60, currently is the chief risk and compliance ...
HSBC Holdings Boosts Shareholder Value with Buy-Back
HSBC Holdings (GB:HSBA) has released an update. HSBC Holdings has repurchased over 2.9 billion US dollars worth of its own shares as part of a ...
Hong Kong’s Paul Chan touts use of retail bonds to fund public works in Apec speech
Hong Kong’s finance chief has shared how the city used retail bond issuances to fund infrastructure projects as he began a visit to Peru for an Asia-Pacific Economic Cooperation (Apec) meeting. At a ...