HSBC is in talks to award chief executive Georges Elhedery a pay package of as much as £15mn, almost six months after he was appointed and embarked on a significant cost-cutting drive at the bank.

Georges Elhedery will be eligible for a total remuneration package worth just over £15m as part of plans to be unveiled by ...

HSBC Holdings Plc is considering halving the fixed pay of its new Chief Executive Officer Georges Elhedery after the UK changed its rules to allow a higher proportion of remuneration to come from ...

HSBC's deputy global head of equities Selene Chong is taking a leave of absence from her role, two sources with knowledge of ...

Now HSBC’s new chief executive, Georges Elhedery, seems to be heeding one of the tried and tested lessons of investment banking: like heading a football, if you are not absolutely committed to the ...

HSBC’s decision to exit the M&A and ECM markets outside Asia is seen as a blow to London’s reputation as a global hub for ...

Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four ...

HSBC announces major cuts to its investment banking operations in the UK, Europe, and Americas, focusing on more profitable ...

HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest ...

HSBC lacks the scale in New York, London or continental Europe to compete against Wall Street giants, and the move is aimed ...

The news comes as HSBC CEO Georges Elhedery, who stepped into the leadership role last year, embarks the lender on a broader overhaul targeting cost-cutting efforts. HSBC is preparing to wind down ...