LONDON: HSBC Holdings plc is simplifying its organisational structure into four businesses to accelerate delivery against its strategic priorities. HSBC Group Chief Executive Officer, Georges Elhedery, commented: “The changes that we are announcing today will make it easier for our…
LONDON: HSBC Holdings plc today announced that Georges Elhedery has been appointed as Group Chief Executive, with effect from 2 September 2024. HSBC Group Chairman, Sir Mark Tucker, said: “I am delighted to confirm Georges as the next HSBC Group…
LONDON: HSBC Holdings plc has announced a proposed offering of a series of US dollar-denominated perpetual subordinated contingent convertible securities, subject to market conditions. Subject to the successful pricing of the Offering of the Securities (which is expected to occur…
LONDON: HSBC Holdings plc (HSBC) announces that, following its announcement on 30 October 2020 that it intended to submit an application for the delisting of its shares from Euronext Paris, the Delisting has been approved by the Board of Directors…
LONDON: S&P Global Ratings revised its outlook on U.K.-based bank holding company HSBC Holdings PLC to negative. At the same time, S&P affirmed ‘A’ long-term and ‘A-1’ short-term issuer credit ratings on HSBC Holdings. “We also revised our outlook on…
LONDON: HSBC Holdings plc announced that John Flint has Monday stepped down as Group Chief Executive and as a Director by mutual agreement with the Board. Although not carrying out his day-to-day duties after today, he remains available to assist…