Royal Bank of Canada boosted CEO Dave McKay's 2024 salary to C$24.5 million ($17.14 million), including a C$4 million bonus related to the HSBC Canada acquisition, according to a regulatory filing on Thursday.
Top HSBC shareholder Ping An, a Chinese insurance group, in 2023 pressured the bank to spin off its Asian operations — a proposal that was shot down in a shareholder vote that year. Elhedery was forced to deny the idea the bank was moving towards dividing its business,
Tomas Machac will meet Alejandro Davidovich Fokina in the Abierto Mexicano Telcel presentado por HSBC final on Saturday, March 1.Machac is the favorite (-155) to win the tournament versus
HSBC is reducing staff numbers at its China digital wealth business Pinnacle by nearly half, or about 900 people, two sources said, a sharp reversal of the bank's ambition for the unit as part of its expansion plans in that country.
Former HSBC CEO Noel Quinn will join Swiss wealth manager Julius Baer Group as its next chairman in May, pending shareholder approval, according to a company statement on Friday. The board of directors at Julius Baer will nominate Quinn for election as its new non-executive chairman at the annual general meeting on April 10,
HSBC (HBCYF) (HSBC) is reducing the workforce at its China digital wealth business Pinnacle by nearly half, or about 900 people, Reuters reported citing sources familiar with the matter.
Japan's Akie Iwai finished second at the Honda LPGA Thailand but didn't earn any CME points nor did she make the HSBC field this week.
The world's fastest-growing companies expect most of their sales to come from overseas, even as uncertainty grows.
Tomas Machac (No. 25 ranking) will meet Brandon Nakashima (No. 42) in the semifinals at the Abierto Mexicano Telcel presentado por HSBC on Friday, February 28.Machac is favored over Nakashima for
The authority said each bank was granted a specific quota based on the scale of their business and the lenders in turn would provide yuan-denominated trade financing to their corporate clients. “Subject to the operation of the facility and market demand,
HSBC has kicked off a process to find a new CEO for its UK business after appointing Ian Stuart to a newly created role in charge of customer engagement and culture, the bank said on Tuesday.