HSBC has faced repeated disruptions at past meetings by groups such as Extinction Rebellion and is under pressure to reduce costs. Chief executive Georges Elhedery has targeted $1.5bn in annual ...

China's Ping An Insurance (Group) reported a 26.4% decline in first-quarter net profit on Friday, citing reduced investment ...

In the fourth quarter, Shell nudged up its dividend to $0.3580 and Shell CEO Wael Sawan launched a $3.5bn share buyback for ...

UK financial services handed out the industry’s highest bonuses in 2024 after taking advantage of the lifting of pay ...

Jamie Markham, head of credit and capital management, who HSBC hired from JPMorgan in February 2023, is overseeing the ...

Some senior executives, including CEO Georges Elhedery, have expressed doubts about whether the potential revenue will outweigh the associated costs. This cautious approach is also influenced by the ...

The bank is likely to stop short of a full-blown push into private credit as some rivals have done, as senior executives, including CEO Georges Elhedery, are sceptical the revenue will outweigh ...

Some senior executives, including CEO Georges Elhedery, have expressed doubts about whether the potential revenue will outweigh the associated costs. This cautious approach is also influenced by ...

The bank is likely to stop short of a full-blown push into private credit as some rivals have done, as senior executives, including CEO Georges Elhedery, are sceptical the revenue will outweigh ...