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HSBC Holdings PLC | Financial Times

Accessibility helpSign InSubscribeFinancial TimesSubscribeSign InHomeWorldWorld HomeMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaIran warns it will hit US bases across region hours after president’s apologyThe war of unintended consequencesWe’ll always have DubaiIn the centre of the storm: what does the Iran war mean for Dubai?Trump’s war on Iran is spreading. Where does it stop?USUS HomeUS EconomyUS CompaniesUS Politics & PolicyIran warns it will hit US bases across region hours after president’s apologyThe war of unintended consequencesTrump’s war on Iran is spreading. Where does it stop?Donald Trump calls for more US military action in Latin AmericaUS faced with few good options to tamp down surging oil pricesCompaniesCompanies HomeEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportIn the centre of the storm: what does the Iran war mean for Dubai?Is the nightmare scenario for global energy here?Palmer Luckey’s $1bn pitch to reboot 1990s video game consolesThe last of Hong Kong’s colonial-era trainee schemesShips in Gulf declare themselves Chinese to dodge attackTechTech HomeArtificial intelligenceSemiconductorsCyber SecuritySocial MediaPalmer Luckey’s $1bn pitch to reboot 1990s video game consolesUS draws up strict new AI guidelines amid Anthropic clashGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnOracle and OpenAI scrap deal to expand flagship Texas data centreIran hits Amazon data centres in jolt to Gulf AI driveMarketsMarkets HomeAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingIs the nightmare scenario for global energy here?US faced with few good options to tamp down surging oil pricesBritain is now the home of the Middle ManInvestors are not ready for a true shockA week of war in charts: the impact on the USClimateOpinionOpinion HomeColumnistsThe FT ViewThe Big ReadLexObituariesLettersThe war of unintended consequencesWe’ll always have DubaiIs the nightmare scenario for global energy here?Britain is now the home of the Middle ManHow mackerel became Schrödinger’s fishLexWork & CareersWork & Careers HomeBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnPapier founder: ‘I don’t own stocks or shares — it’s too much risk’Are you financially ‘prepped’ for higher inflation?Couples navigate their new money dynamicsAfter years of pay gap reporting, what do we know?Life & ArtsLife & Arts HomeArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterWe’ll always have DubaiTrump’s war on Iran is spreading. 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It’s about us’Marinelli: my 15-year quest to ski the biggest face in the AlpsHow To Spend ItHomeWorldUSCompaniesTechMarketsClimateOpinionLexWork & CareersLife & ArtsHow To Spend ItFinancial TimesSubscribeSign InUK interest ratesUK lenders raise mortgage rates amid warnings over inflation and energy pricesMarket mood ‘has completely changed’ following outbreak of Middle East warUK banksHSBC board earns almost £1mn more despite botched chair searchFees for non-executive directors increased even as shareholders criticise succession processUK banksHSBC shares hit record as bank accelerates cost savings and lifts targetChief executive Georges Elhedery has pursued an overhaul of the bank since taking over in 2024Corporate governanceWho would be a FTSE 100 chair?BAT is the latest London-listed company where succession is an issueGiltsUK takes key step to digital gilt issuance this yearTreasury appoints HSBC and law firm Ashurst to lead project first announced by Rachel Reeves in 2024US companiesHow HSBC fashioned a $600bn debt machineAmerican banker Michael Roberts will head up the lender’s new corporate and institutional divisionUK banksHSBC targets Hong Kong IPOs after missing out on listings boomLender ‘maniacally focused’ on rebuilding investment bank in one of its home marketsEuropean banksHSBC settles French dividend trade probe for €300mnMove follows investigation into bank’s handling of trades between 2014 and 2019Aidan BarclayHSBC files bankruptcy petitions against senior members of Barclay familyProceedings come as ailing business empire that owned Telegraph owes large debtsUK banksLex. 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Ask their customersSome small businesses would like to boost borrowing but are struggling to do soManagementThe curious signal sent by HSBCScrapping of international manager programme comes despite need for long-term employees schooled in bank’s culturePhilip AugarUK banksHSBC board member who led search for chair to retireAnn Godbehere will step down as a director at next year’s annual meetingUK banksHSBC hires ex-Citi executive Ida Liu to lead global private bankIda Liu to join Europe’s largest lender as head of its global private bankBanksHSBC axes 160-year-old management scheme in bid to cut costs‘International Manager’ programme closed to new recruits as CEO Georges Elhedery reshapes Europe’s largest lenderDue DiligenceHSBC’s chair search ends where it beganPlus, Blue Owl bought its shares and Bending Spoons embraces financial engineering in EuropeUK banksHow Brendan Nelson became HSBC’s stop-gap chairA chaotic seven-month search cast the net wide but ended with Mark Tucker’s interim replacementUK banksLex. The challenge for HSBC’s new chair: make yourself utterly replaceableThe bank scoured the globe for candidates only to choose the person already doing the job on an interim basisUK banksHSBC appoints Brendan Nelson as chair after chaotic searchFormer KPMG partner had been serving as interim chair since OctoberBanksHSBC chief pledges to be ‘ruthless’ in elevating bank to top 5 statusGeorges Elhedery tells FT Global Banking Summit it is ‘not an option’ for lender to fall short in key areasUK banksHSBC signs deal to use Mistral’s AI toolsBank will use technology for tasks, including translation and document analysisCorporate governanceHSBC and another chaotic chair searchBank’s board still riven over a replacement for Mark Tucker, 15 years after similar succession sagaPatrick JenkinsUK banksBritish banks have bounced back, but are they now a tax target?UK lenders have hit post-crisis highs, which has generated anxiety over a potential tax raidUK banksHSBC board at odds over candidates to succeed Mark Tucker as chairBank’s leadership differs on who has necessary finance experience and Asia knowledgeUK financial regulationUK banks push for easing of capital rules to counter surge in private creditHSBC and Barclays executives tell House of Lords committee they are losing ground to US rivalsFT Asset ManagementAsset Management: More private credit warningsPlus, K&E changes tactics, London’s quant renaissance and Peter Doig’s House of Music at the SerpentineHelp CentreContact UsAbout UsAccessibilityCareersSuppliersTerms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & PoliciesShare News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT SchoolsPortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency ConverterFT Live EventsFT ForumsFT Leaders AcademyMore from the FT GroupFT Editorial Code of PracticeUKSubscribe for full accessHomeWorldMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaUSUS EconomyUS CompaniesUS Politics & PolicyCompaniesEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportTechArtificial intelligenceSemiconductorsCyber SecuritySocial MediaMarketsAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingClimateOpinionColumnistsThe FT ViewThe Big ReadLexObituariesLettersLexWork & CareersBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItLife & ArtsArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterPersonal FinanceProperty & MortgagesInvestmentsPensionsTaxBanking & SavingsAdvice & CommentHow To Spend ItSpecial ReportsAlphavilleFT EditLunch with the FTFT Globetrotter#techAsiaMoral MoneyVisual and data journalismNewslettersVideoPodcastsNews feedFT SchoolsFT Live EventsFT ForumsFT Leaders AcademymyFTPortfolioFT Digital EditionCrosswordOur AppsHelp CentreSubscribeSign In

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