HSBC

HSBC CFO  Georges Elhedery appointed at new group CEO  - THE EDGE SINGAPORE

Corporate moves

HSBC CFO Georges Elhedery appointed as new group CEO

HSBC group CFO Georges Elhedery will be appointed as group CEO with effect from Sept 2.
HSBC-funded whitepaper proposes ‘repowering’ coal plants to support renewables - THE EDGE SINGAPORE

Energy

HSBC-funded whitepaper proposes ‘repowering’ coal plants to support renewables

Coal plants could be repurposed into heat stores or grid interconnection points for new renewable energy generation.
HSBC to open three wealth centres in Singapore by 1Q2025 - THE EDGE SINGAPORE

Wealth

HSBC to open three wealth centres in Singapore by 1Q2025

The bank is also increasing its investment fivefold in physical networks as it pivots its branches into wealth centres.
Top HSBC Shareholder Ping An Exploring Ways to Cut US$13 Billion Stake - THE EDGE SINGAPORE

Banking & finance

Top HSBC shareholder Ping An exploring ways to cut US$13 bil stake

HSBC shares have risen about 15% in the past year in London and earlier this month hit their highest level since 2018.

Company in the news

HSBC’s Noel Quinn ends 37-year CEO dream with surprise departure

Unlike some rival CEOs at companies that have private jets, Quinn often flies commercial for his regular trips.

Banking & finance

HSBC tells Hong Kong shareholders focus on dividends remains

The lender paid out a total dividend of US$0.61 per share for 2023, the highest payout since 2008.

Funds

Schroders launches new multi-asset income fund, arranges exclusive distribution with HSBC

The Schroder ISF Dynamic Income fund was designed in response to the new era of high inflation and interest rates.

Investing strategies

A problem of interest: Navigating the new investment paradigm in 2024

The global economic landscape presents us with what can only be described as a problem of interest.

Environmental, Social and Governance

Singapore enters new phase of energy transition with latest EMA standards for coming power plants: HSBC

EMA released on Oct 26 new emission performance standards for new and repowered fossil fuel-fired power plants.

Banking & finance

HSBC plans US$3 billion share buyback, CEO touts capital strength

'I think we are at the bottom of the market, but it will take quite a while for that market to recover and regain momentum'
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