HSBC Holdings Plc

Since taking charge in September, Elhedery has already cut the size of his own group executive committee by about a third.

CEO Quinn said the bank continues to have a dialogue with all its shareholders.

The banks include Societe Generale SA, BNP Paribas SA, HSBC Holdings Plc, Natixis SA and BNP’s Exane unit.

Lim has tendered his resignation and is currently on leave, according to Bloomberg's sources.

The banks selected are Citigroup Inc., DBS Group Holdings Ltd., HSBC Holdings Plc and Morgan Stanley.

Credit Suisse is the only one of the banks to go to trial, which kicked off Tuesday following jury selection.

Options traders in Hong Kong are pricing in a volatile October, snapping up both bullish calls and bearish puts on HSBC.

Kelvin Lam, a former economist at HSBC Holdings Plc plans to run for a seat in Hong Kong’s legislature, vowing to stand up for the financial services sector against Chinese influence

(Sept 8): HSBC Holdings Plc is planning to increase its wealth-management staff in Asia as Chief Executive Officer John Flint bets on growth in the region.

(July 31): HSBC Holdings Plc’s second-quarter profit beat analysts’ estimates as outgoing Chief Executive Officer Stuart Gulliver boosted revenue while also trimming costs, and the lender said it will spend up to US$2 billion ($2.7 billion) buying bac