georges elhedery hsbc

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HSBC, Canary Wharf

Financial Times · 13h

HSBC reverses plan to completely quit Canary Wharf

Lender signs 15-year lease for an office minutes from the bank’s Docklands base that it plans to vacate in 2027

Yahoo Finance · 10h

HSBC makes U-turn on Canary Wharf exit after desks shortage

HSBC has rowed back on plans to quit Canary Wharf as a shortage of desks prompted the banking giant to sign up for a new lease in the ailing property district.

Bloomberg L.P. · 14h

HSBC Takes New Canary Wharf Office Alongside Downsized City HQ

HSBC Holdings Plc has signed a lease for additional office space in Canary Wharf two years after agreeing to shift its global headquarters to the City of London.

Hosted on MSN · 15h

HSBC takes extra space in Canary Wharf due to HQ squeeze

HSBC has signed a lease to take extra space in Canary Wharf before shifting its global headquarters away from the East London financial district, according to a company memo seen by Reuters, owing to a shortage of space at its planned new base in the central City of London area.

9don MSN

Hong Kong Property Downturn Stings HSBC

The London-based bank reported a drop in second-quarter net profit and said it plans to initiate a share buyback of up to $3 ...

HSBC Quarterly Profit Stung by Higher Costs, China Charge

HSBC Holdings Plc’s earnings for the second quarter fell short of expectations after it posted a rise in expenses and took a ...

HSBC to target corporate lending even if retail bank is sold

A senior executive confirmed the Australian retail bank was undergoing a strategic review but said institutional banking ...

Hong Kong’s struggling office market drags down HSBC’s earnings

In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.

8dOpinion

Ideal new HSBC chair would be opposite of its last

Outgoing board head Mark Tucker churned through CEOs and steered the $220 bln bank’s vast overhaul. Now, with the right boss ...

Further tax rises will damage Britain, HSBC warns Reeves

The boss of HSBC has warned Rachel Reeves that a punishing new tax raid will deliver a hammer blow to the UK economy.

Hosted on MSN5mon

HSBC targets $1.5 bn in annual cost savings after revamp - MSN

Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the ...

Barron's5mon

HSBC Targets $1.5 Bn In Annual Cost Savings After Revamp

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