subscribe
TotalNews Logo

CHOOSE LANGUAGE

SELECT LANGUAGE BELOW

Subscribe
TotalNews Logo

Tag: HSBC

HSBC is thinking about requiring all employees to return to the office three days a week.

HSBC is thinking about requiring all employees to return to the office three days a week.

HSBC Considers Return-to-Office Policy Amid Changes HSBC is exploring a plan to require employees to return to the office for at least three days a week, a move that reflects a broader effort among banks to consolidate their varied return-to-work strategies. Discussions led by CEO Georges Elhedery involve senior corporate executives, and some managers have […]

HSBC Speeds Up Efforts to Identify Next Chairman as Tucker’s Departure Approaches

HSBC Speeds Up Efforts to Identify Next Chairman as Tucker's Departure Approaches

HSBC Accelerates Search for New Chairman Bloomberg reports that as the search for HSBC Holdings PLC’s next chairman intensifies, Europe’s largest bank is quickly compiling a list of candidates for the position. The recent announcement of Chairman Mark Tucker’s departure in September for a non-executive role at AIA Group Ltd. reportedly caught several board members […]

HSBC Lowers UnitedHealth (UNH) Rating to Reduce Due to Leadership Change

HSBC Downgrades UnitedHealth Group’s Rating On Wednesday, HSBC lowered its rating for UnitedHealth Group Inc. (NYSE: UNH) from “hold” to “reduce,” slashing the price target by approximately 45% to $270. This decision follows the company’s recent leadership changes and the withdrawal of its 2025 financial guidance earlier in May. As a result, UnitedHealth’s shares fell […]

HSBC bank employees on the high street may see reduced bonuses due to remote work.

HSBC’s New In-Office Requirement for Staff Bonuses HSBC recently communicated to its UK employees at High Street Banks that their bonuses could be impacted if they don’t spend enough time working in the office. According to a Bloomberg report, employees in the HSBC UK division, particularly those in retail and domestic commercial banking, face a […]

UK branch chief reports constant attacks by online criminals on HSBC

HSBC’s UK Division Highlights Cybersecurity Concerns Ian Stuart, head of HSBC’s UK division, expressed that banks are under constant threat from online criminals, noting that cybersecurity has become their largest expense, costing them hundreds of millions of pounds. In a recent address to the House Treasury Committee, he aimed to calm concerns by emphasizing that […]

UK giant HSBC cans bankers on bonus day – New York Post

British banking giant HSBC fired a group of investment banks on a set day to learn the size of the bonus and refused to make annual payments, according to the report. The London-based lender reported that it was handed over to financial operators and Hong Kong last month after it announced it had focused on […]

HSBC CEO to Double Down in Asia, Middle East After Exits – Yahoo Finance

(Bloomberg) – HSBC Holdings PLC expects to double its investment banking operations in Asia and the Middle East after withdrawing major businesses in Europe and the US. Most of them read from Bloomberg The bank will focus on Asian debt and other financing activities, Middle Eastern mergers, acquisitions and equity capital markets, Elhedaly said in […]