in a sign of how the bank is taking a more ruthless approach to costs under new chief executive Georges Elhedery. The London-based lender told staff in its UK investment banking business last ...

Chief Executive Officer Georges Elhedery said. The bank will focus on debt and other financing activities globally as well as mergers and acquisitions and equity capital markets in Asia and the ...

HSBC HOLDINGS (00005.HK) CEO Georges Elhedery revealed that the group, following the exit from key businesses in Europe and the U.S., will eye on expanding its investment banking operations in ...

according to group CEO Georges Elhedery. “Hong Kong is on track to be the largest cross-border wealth hub on the planet before the end of this decade, and we are in a bold position to be able to ...

It is shutting its M&A and equity capital markets team in the U.K. and other markets as part of a broader cost-cutting drive by Chief Executive Georges Elhedery that will see it focus on core ...

[HONG KONG] HSBC Holdings expects to double down on investment banking operations in Asia and the Middle East after exiting key business in Europe and the US, chief executive officer Georges Elhedery ...

HSBC has shed hundreds of City dealmaking jobs under a radical overhaul of the bank by Chief Executive Georges Elhedery, but wealth is one area it will continue to pour resources into.

Elhedery stated that HSBC's ongoing withdrawal from Europe and the Americas is aimed at enabling the bank to focus on areas where it can offer differentiated services to its customers. He ...