Hsbc Holdings

HSBC makes big push for affluent clients in India to drive growth

The growth drive puts HSBC in more direct competition with larger local rivals including ICICI Bank Ltd. and Kotak Mahindra Ltd. for a slice of India's fast-expanding wealth pool

HSBC, ICICI emerge as top GIFT City lenders with FX loans for diaspora

The two lenders in GIFT City, disbursed a combined $19.3 billion through RBI's concessional swap facility for foreign-currency non-resident deposits which ran from June till the end of August

HSBC CFO Succession: Who is in the race to replace Pam Kaur in 2027?

HSBC is set to begin its search for a new CFO after Pam Kaur announced plans to retire in 2027. Here are the internal and external candidates in contention.

NaBFID raises $125 million in maiden foreign currency loan from HSBC

NaBFID's total assets rose 44 per cent to ₹1.04 trillion ($11.4 billion) as of Dec. 31, 2025, according to its website

HSBC set to push out underperformers as some bankers face zero bonuses

Such a move is aligned with the vision of Chief Executive Officer Georges Elhedery, who wants to bring the bank more in line with pay practices at American peers

The best investment opportunity remains in India: Venugopal Manghat

Manghat tells that they have increased cash positions across most of their schemes over the past few months

HSBC to incur $1.8 bn in costs over next two years in CEO's revamp

Europe's largest bank, which has been deepening its push into Asia and some Middle East markets, reported fourth-quarter pretax profit of $2.3 billion

Trafigura bets on carbon-credit market rebound amid new regulations

At the same time, regulators in Europe, the US and Asia have come around to the view that many companies won't be able to report net zero emissions by mid-century without access to a functioning

Who is Pam Kaur, HSBC's first female CFO in the company's 160-year journey?

Pam Kaur joined HSBC in April 2013 as the Group Head of Internal Audit and had been considered a top contender for the CFO role since September

HSBC wealth chief Matos leaves as new CEO Elhedery shakes up team

HSBC aims to double the assets under management in its British wealth business to 100 billion pounds

HSBC appoints Georges Elhedery as group chief executive, replaces Quinn

Since 2020, Elhedery had been the co-head of the Global Banking and Markets business

HSBC adds more than 300 to China's headcount after Citi wealth acquisition

The portfolio acquisition demonstrates HSBC's commitment to the Chinese market

HSBC makes wealth push in Middle East after hiring 100 private bankers

HSBC is known for its wealth prowess across Asia, but it's long lagged Swiss rivals like UBS Group AG in the Middle East

HSBC CEO Quinn announces surprise retirement, banks looks for successor

One of the main tasks for Quinn after he took over was to improve returns for shareholders, and he sought to do that by shrinking the bank's footprint in non-profitable markets

Saudi' Arabia's Neom hunts for more cash for $1.5 trillion desert city

Neom recently secured a 10 billion-riyals loan from a group of Saudi banks, according to two other people familiar with the deal

HSBC helps overseas funds navigate India's bond market as inclusion nears

Investors have cited several obstacles to obtaining an onshore permit in India, including heavy documentation process, margin requirements for trading, barriers to freely move money out of the country

HSBC ranked first for India offshore loans in 2023 helped by Reliance deals

Data compiled Bloomberg show the British bank was the bookrunner on roughly $4 billion of US-currency transactions in 2023

Up to 10% cashback, unlimited lounge access: HSBC credit cards get facelift

HSBC Premier Credit Card has brought offerings for travel, lifestyle and reward points for its existing and new customers

Citigroup to sell China's consumer wealth business worth $3.6 bn to HSBC

The deal covers total deposits and investment AUMs of about $3.6 billion, and is expected to close in the first half of 2024. Financial details of the transaction were not disclosed

How can you spot greenwashing in advertisements, product packaging?

Broadly speaking, it's when companies questionably claim environmental bona fides to attract more business or draw less scrutiny