HSBC's customers base increased to 6.2 million last year from 5.4 million, showing the importance of the city, Elhedery says HSBC, the largest bank in Hong Kong with 6.2 million customers, will ...

The lender’s considerations come straight from the top, with chief executive Georges Elhedery meeting with executives across the business to discuss a group-wide return.

CEO Georges Elhedery said HSBC stands to benefit from a reconfiguration of global trade. (Lam Yik/Bloomberg News) World trade isn’t grinding to a halt but it is changing shape, according to the ...

Summary New CEO Georges Elhedery announced a broadly sensible strategy for the lender on Wednesday, while implicitly acknowledging that the growth question is partly out of his hands. It makes a ...

Georges Elhedery, Group CEO, said: "Our strong results this quarter demonstrate momentum in our earnings, discipline in the execution of our strategy and confidence in our ability to deliver our ...

Profit before tax declined 25% on a year-on-year basis, while revenue fell 15% from last year. Pre-tax profit, however, soared nearly 317% from the previous quarter.

"We've looked at all our revenue streams as well as our credit portfolio to assess the various implications of such a downside scenario," CEO Georges Elhedery told reporters on a conference call.

HSBC Holdings plc (NYSE: HSBC) Q1 2025 Earnings Conference Call April 29, 2025 2:45 AM ET Company Participants Georges Elhedery - Group Chief Executive Officer Pam Kaur - Group Chief Financial ...

By Paul Clarke Of Financial News HSBC is cutting hundreds of jobs from its investment bank in Europe as the U.K. lender looks to reshape its business under chief executive Georges Elhedery. The ...

The job losses are part of a cost-cutting drive led by CEO Georges Elhedery, who aims to reduce expenses by $1.8 billion by the end of 2026.