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HSBC

Wanted: more private bankers at HSBC

Catch up on the top news in wealth management this week

    HSBC looks for new UK global banking boss as Markham takes on top credit role

    The UK lender has been reshuffling its senior ranks as CEO Georges Elhedery looks to simplify its business

    2 min read

    HSBCInvestment BankingOn the move

    Why has HSBC failed? Former bankers blame the stifling culture and bureaucracy

    HSBC throws in the towel on UK M&A as squeeze on European banks continues

    4 min read

    Top UK banks show slow progress on improving gender pay gap

    UK investment banks have closed the gender pay gap slightly, but big bonuses means change is slow

    2 min read

    HSBC set to miss own target for doubling Black senior leaders

    Bank blames ‘changes to global footprint’ in recent years

    1 min read

    HSBC kicks off $1.5bn cost-cutting plan as it overhauls business

    The UK lender expects to book $1.8bn upfront as it kicks off a round of job cuts

    3 min read

    Rising Stars of European Finance 2025

    Wanted

    Rising Stars of European Finance 2025

    Clare Dickinson

    Clare Dickinson

    Check out FN's latest profiles

    An Audience With

    Check out FN's latest profiles

    ICG hires HSBC director as diversity head

    London-listed private equity firm taps Biral Joshi to newly created culture and inclusion role amid anti-woke backlash

    2 min read

    HSBC to shutter M&A and ECM in Europe and Americas in dealmaking reversal

    The UK lender is set to pull back from key investment banking divisions in the UK, Europe and the Americas

    2 min read

    How HSBC’s Zing went from $150m fintech darling to the chopping block a year later

    App’s creation was steered by Nuno Matos, HSBC’s wealth chief who left the bank after losing out on its top job

    7 min read

    HSBC to close international payments app Zing a year after launch

    The bank developed Zing to compete with fintechs Wise and Revolut

    3 min read

    Fired HSBC trader withdraws tribunal claim

    Yann Adem said he was bullied and faced homophobic discrimination

    Stonehage Fleming hires ex-HSBC private bank veteran Stuart Parkinson as CEO

    Parkinson, who left the bank to lead wealth firm Lombard International Group in 2020, succeeds longstanding chief Giuseppe Ciucci

    Ex-HSBC trader says he still has nightmares after racist and homophobic abuse

    Yann Adem brings tribunal claim after bank fired him in February 2022

    Why the rich aren’t talking about the wealth transfer

    Only a quarter of 1,800 rich business owners have spoken to their families about passing down their wealth, according to an HSBC Global Private Banking survey

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