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Top related persons:
London — - 1 Pam Kaur - 1 Georges Elhedery - 1 Elhedery - 1 ” - 1 Ben Toms - 1 Kaur - 1 Colin Bell - 1
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HSBC - 2 London — HSBC - 1 RBC Capital Markets - 1 AFP - 1 Getty - 1 LONDON - 1 Trump - 1 NatWest Group - 1

Search resuls for: "London — HSBC"


3 mentions found


☆ Pam Kaur: HSBC names first female chief financial officer, unveils a major overhaul
  + stars: | 2024-10-22 | by ( ) edition.cnn.com   time to read: +2 min
A new leadership structure, which includes the appointment of Pam Kaur as the lender’s first female chief financial officer, would “unleash our full potential and drive success into the future,” CEO Georges Elhedery said in a memo to staff. The overhaul sees Elhedery tackle one of HSBC’s most intractable problems. HSBC (HSBC) did not say what the projected cost savings might be or indicate how many jobs would be affected, but more details could emerge when the bank reports third-quarter results on October 29. Kaur, 60, takes over as CFO having served as HSBC’s chief risk and compliance officer. She joined the bank in April 2013 as group head of internal audit.
Persons: London —, Pam Kaur, Georges Elhedery, Elhedery, ”, Ben Toms, Kaur, Colin Bell, Stephen Moss Organizations: London — HSBC, HSBC, RBC Capital Markets Locations: Hong Kong, London, United Kingdom, United States, France, Canada, Asia, Europe, East
☆ HSBC CEO on Farage-Coutts spat: 'We do not exit clients based on their lawful personal views'
  + stars: | 2023-08-02 | by ( Elliot Smith | ) www.cnbc.com   time to read: +2 min
HSBC's U.K. headquarters are seen at the Canary Wharf financial district of London on July 31, 2018. Although refusing to discuss details of other banks and their clients, HSBC boss Quinn told CNBC on Tuesday that "our policy is not to de-bank or exit a client based on their lawful personal views." "We also have a responsibility as an institution to look at any areas of financial crime compliance or we have an obligation to collect information on KYC (Know Your Customer), so we have those competing obligations but to reiterate, as a policy we do not exit clients based on their lawful personal views." The closure of Farage's account triggered a heated debate in the U.K. and rocked the domestic banking industry. NatWest CEO Alison Rose was forced to resign, after she admitted discussing details of Farage's Coutts account with a BBC reporter in the wake of his allegations.
Persons: Tolga Akmen, Noel Quinn, Coutts, Nigel Farage's, Farage, Coutts —, —, Quinn, Alison Rose, Farage's Coutts, Peter Flavel, Rishi Sunak, Jonathan Bachman Organizations: AFP, Getty, LONDON, HSBC, Trump, NatWest Group, CNBC, NatWest, BBC, Brexit Party, UKIP Locations: London, U.K
☆ HSBC buys Silicon Valley Bank UK, protecting deposits
  + stars: | 2023-03-13 | by ( Elliot Smith Ruxandra Iordache | Elliot Smith | Ruxandra Iordache | ) www.cnbc.com   time to read: +1 min
The Silicon Valley Bank (SVB) logo is seen through a rain-covered window. LONDON — HSBC on Monday announced a deal to buy the U.K. subsidiary of the U.S. tech startup lender Silicon Valley Bank, which collapsed on Friday. HSBC confirmed that its U.K. ring-fenced subsidiary, HSBC UK Bank, had agreed to acquire SVB U.K. for £1 ($1.21). The sale, facilitated by the Bank of England in consultation with the U.K. Treasury, will protect the deposits of SVB U.K. clients, the Treasury said in a statement. "The U.K.'s tech sector is genuinely world-leading and of huge importance to the British economy, supporting hundreds of thousands of jobs," he added.
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