Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

EXPLAINED: 2 | Vintage Vibes

‘Shame on them’: Standard Chartered CEO decries banks that drop climate pledges

Bill Winters criticises those that have rowed back on green commitments or have gone quiet amid political pressure

The Guardian - UK · Jul 31, 2025

HSBC Banks Lower Profits On Higher Costs

Bank giant HSBC said Wednesday that group profits fell in the first half on higher costs but noted that it was "well positioned" to deal with the effects of US tariffs.

International Business Times · Jul 30, 2025

HSBC boss says Rachel Reeves putting up bank taxes would harm UK growth

Georges Elhedery’s comments come amid speculation the chancellor could make such a move in autumn budget

The Guardian - UK · Jul 30, 2025

From analysis to the latest developments in health,
read the most diverse news in one place.

HSBC profits slide 26% as tariff uncertainty puts brakes on investment

The group also revealed that it was about halfway through its efforts to save 1.5 billion US billion (£1.1 billion) worth of yearly costs.

Evening Standard · Jul 30, 2025

HSBC’s Sir Mark Tucker to leave in September for return to insurer AIA

Chairman Sir Mark Tucker will leave HSBC on September 30 after eight years heading the board.

Evening Standard · Jun 6, 2025

Gambling on Private Credit Business: HSBC Invests £2.95b Amidst Scaling Back of SME-Centric US Biz

This move targets the expanding $2 trillion (£1.48 trillion) global private credit market, traditionally led by firms like Blackstone and Ares Management.

International Business Times UK · Jun 2, 2025

Ugandan activist asks HSBC to put ‘lives before profit’ as campaigners target bank’s AGM

Backing of oil, gas and coal projects under fire as campaigners deliver a letter to CEO Georges Elhedery

The Guardian - UK · May 2, 2025

Read news from The Economist, FT, and more,
with one subscription

HSBC chairman Mark Tucker to retire after eight-year tenure

HSBC said it had kick-started a search for a new chairman after Mark Tucker told the board he intended to leave.

Evening Standard · May 1, 2025

HSBC warns over possible hit from significantly higher global tariffs

The global banking giant increased provisions for loans expected to turn sour by 202 million US dollars (£150.7 million) in the first quarter.

Evening Standard · Apr 29, 2025

HSBC plans multibillion share buyback as profits slump in first quarter

HSBC has announced a multibillion-dollar share buyback plan despite a decline in profits and revenue. The bank stated that economic uncertainties are weighing on business growth, expecting a low single-digit percentage direct impact on group revenue.

Euronews · Apr 29, 2025

HSBC announces fall in quarterly pre-tax profit amid ‘economic uncertainty’

Group chief executive Georges Elhedery credited the firm’s ability to weather the recent global economic turbulence.

Evening Standard · Apr 29, 2025

HSBC launches search for new UK boss in latest reshuffle

Current chief executive Ian Stuart will be taking on a newly-created position of group customer and culture director.

Evening Standard · Mar 4, 2025

HSBC net zero goal delayed 20 years, as CEO offered 600% bonus

Bank is criticised for pushing climate targets to 2050 and watering down environmental goals

The Guardian - UK · Feb 19, 2025

HSBC pushes back climate target for operations and supply chain by 20 years

HSBC says factors ‘outside of our control’ affect its ability to meet its climate targets.

Evening Standard · Feb 19, 2025

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK · Feb 19, 2025

HSBC pushes back climate targets by 20 years and blames ‘lag’ in government policy

UK head office to bear brunt of job cuts as bank aims to slash staffing costs by £1.2bn

Evening Standard · Feb 19, 2025

HSBC reveals plans to cut jobs amid bid to slash costs by £1.2bn

The banking group said it will reduce its global staff costs by around 8% under the overhaul.

Evening Standard · Feb 19, 2025

FTSE 100 Live 19 February: Glencore and airline stocks fall, BAE and HSBC in results spotlight

A jump in UK inflation to a 10-month high of 3% today dealt a blow to hopes of early further interest rate cuts.

International Business Times · Feb 19, 2025

HSBC Targets $1.5 Bn In Annual Cost Savings After Revamp

Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end of 2026.

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK · Feb 19, 2025

HSBC announce major cost-cutting drive including job losses as pre-tax profits top £25bn

The UK’s largest bank announced a pre-tax profit of $32.3bn (£25.2bn)

Evening Standard · Feb 19, 2025

HSBC announces reduction in costs amid rise in profits

The UK’s largest bank announced a pre-tax profit of 32.3 billion dollars (£25.2 billion) for 2024 on Wednesday.

The Guardian - UK · Feb 8, 2025

Will the bonus bubbly still flow as reality bites for British banks?

Job losses, shakeups and the motor finance commission scandal will cast a shadow over lenders when they start reporting results this week

The Guardian - UK · Feb 6, 2025

HSBC considering boosting new CEO’s pay package to £15m

Planned overhaul would see Georges Elhedery’s salary cut, with bonuses potentially raising maximum pay by 43%

Evening Standard · Jan 28, 2025

HSBC to wind down parts of investment banking units in UK, Europe and US

Georges Elhedery has overseen a significant shake-up of the London-based firm since taking over as chief executive last September.

Evening Standard · Jan 23, 2025

HSBC scraps global money app Zing a year after launch

The bank’s chief executive has instigated a series of changes since stepping into the role last year.

The Guardian - UK · Nov 20, 2024

HSBC to open London ‘wealth centre’ in effort to draw in premier clients

Aimed at those with £100,000 to £2m, service in Mayfair will offer personalised banking and exclusive events

1 2 3

Coverage From

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

EXPLAINED: 2 | Vintage Vibes

‘Shame on them’: Standard Chartered CEO decries banks that drop climate pledges

HSBC Banks Lower Profits On Higher Costs

HSBC boss says Rachel Reeves putting up bank taxes would harm UK growth

HSBC profits slide 26% as tariff uncertainty puts brakes on investment

HSBC’s Sir Mark Tucker to leave in September for return to insurer AIA

Gambling on Private Credit Business: HSBC Invests £2.95b Amidst Scaling Back of SME-Centric US Biz

Ugandan ​​activist​ asks HSBC to put ‘lives before profit’ as campaigners target bank’s AGM

HSBC chairman Mark Tucker to retire after eight-year tenure

HSBC warns over possible hit from significantly higher global tariffs

HSBC plans multibillion share buyback as profits slump in first quarter

HSBC announces fall in quarterly pre-tax profit amid ‘economic uncertainty’

HSBC launches search for new UK boss in latest reshuffle

HSBC net zero goal delayed 20 years, as CEO offered 600% bonus

HSBC pushes back climate target for operations and supply chain by 20 years

HSBC pushes back climate targets by 20 years and blames ‘lag’ in government policy

HSBC reveals plans to cut jobs amid bid to slash costs by £1.2bn

FTSE 100 Live 19 February: Glencore and airline stocks fall, BAE and HSBC in results spotlight

HSBC Targets $1.5 Bn In Annual Cost Savings After Revamp

HSBC announce major cost-cutting drive including job losses as pre-tax profits top £25bn

HSBC announces reduction in costs amid rise in profits

Will the bonus bubbly still flow as reality bites for British banks?

HSBC considering boosting new CEO’s pay package to £15m

HSBC to wind down parts of investment banking units in UK, Europe and US

HSBC scraps global money app Zing a year after launch

HSBC to open London ‘wealth centre’ in effort to draw in premier clients

Coverage From

Ugandan activist asks HSBC to put ‘lives before profit’ as campaigners target bank’s AGM