Lawrence White
Stories by Lawrence White
HSBC investors back CEO’s investment banking retrenchment
Four major HSBC shareholders back its decision to cut M&A and ECM teams, focusing on Asia.
HSBC appoints insider Georges Elhedery as group CEO
Elhedery, who becomes HSBC's third CEO in less than eight years, will replace outgoing head Noel Quinn.
Barclays working on $1.25b cost plan, may cut up to 2,000 jobs
Barclays has made efforts to reduce expenses in recent years by slashing bonuses
HSBC announces fresh $3b buyback, profit misses target on rising costs
HSBC indicated costs are likely to increase by up to 5% this year excluding an acquisition.
HSBC quashes bid to spin out Asian business at annual meeting
The bank still faced a rebellion against its board and pay for top bosses.
HSBC soothes shareholders with restored dividend as profit triples
HSBC has tried recently to accelerate its pivot to Asian markets
HSBC shareholders should vote against Ping An’s Asia spinoff plan, says advisor ISS
Ping An accused the bank of not giving its strategic ideas a sufficient hearing.
SoftBank-backed British fintech firm OakNorth leans towards US IPO
The move, after chipmaker Arm said it would float in New York, comes as a blow to London.
First Abu Dhabi Bank says it had considered a bid for StanChart
FAB's statement that it was no longer pursuing a potential deal.
Hong Kong retail shareholders revive HSBC spin-off call
HSBC dismissed the possibility of the proposal gaining traction among large shareholders.
