HSBC commenced a broad restructuring across various of its business lines and appointed its first-ever female chief financial officer, according to Bloomberg. read more

OCT 22, 2024 - 6:29 am

HSBC appointed Danielle Johnson to global head of institutional client group within the global banking and markets business. In this role, she will be responsible for strengthening the coverage of institutional clients who conduct business globally. read more

JUN 21, 2024 - 6:22 am

With global supply chains becoming more complex and geopolitical uncertainty increasingly impacting global trade, thus changing the nature of trade flows, supply chain finance can be an important tool to help eliminate those risks, according to a new HSBC report. read more

JUN 11, 2024 - 6:34 am

HSBC appointed Andrew Fullam CFO for the U.S. and Americas. In this role, Fullam will be responsible for the region’s financial operations, including accounting, regulatory reporting, stress testing and capital management. read more

MAR 14, 2024 - 6:39 am

Reuters reported that First Citizens Bank filed a lawsuit against HSBC after it hired “dozens” of former Silicon Valley Bank employees in April. According to Reuters, First Citizens is alleging that HSBC “violated federal law by hiring away the workers.” read more

MAY 23, 2023 - 7:00 am

According to Reuters, David Sabow, the former head of technology and healthcare in North America for Silicon Valley Bank, is leading a team of “dozens” of former Silicon Valley Bank employees in joining HSBC’s U.S. division. read more

APR 12, 2023 - 7:11 am

HSBC Holdings’ wholly-owned subsidiary, HSBC Overseas Holdings (UK) Limited, entered into an agreement to sell its banking business in Canada (HSBC Canada) to Royal Bank of Canada (RBC) for a base cash consideration of C$13.5 billion ($10.1 billion). read more

NOV 29, 2022 - 7:16 am

HSBC Global Commercial Banking appointed Martin Richards global head of sustainable finance and client infrastructure for commercial banking. In this role, he will focus on delivering sustainable finance solutions that support the full ecosystem surrounding HSBC’s clients’ transition ambitions. read more

SEP 22, 2021 - 6:28 am

HSBC introduced a new green deposit program in the United States, giving businesses an option to put cash reserves to work to support decarbonization and a more sustainable future. read more

MAY 7, 2021 - 6:21 am

According to Reuters, HSBC and RBS plan to launch new app-based, digital banking platforms in the coming months. read more

NOV 11, 2019 - 6:35 am

According to Reuters, HSBC plans to cut up to 10,000 jobs or 4% of its workforce in an effort to reduce costs. read more

OCT 7, 2019 - 6:35 am

HSBC has appointed Michael Roberts to succeed Patrick Burke as president and CEO of HSBC USA. read more

JUL 10, 2019 - 6:55 am

HSBC and ING Bank successfully executed a live trade finance transaction for international food and agriculture conglomerate Cargill using R3’s Corda scalable blockchain platform. read more

MAY 17, 2018 - 8:35 am

Reuters reported that HSBC Holdings and UBS Group have each agreed to pay $14 million to settle private U.S. litigation accusing them of rigging an interest rate bench mark. read more

JUL 14, 2017 - 6:45 am

Element Fleet Management closed the issuance of $1.2 billion rated term notes through Chesapeake Funding II. read more

MAY 31, 2017 - 7:51 am