You Searched For "Noel Quinn" and got 20 results
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2 mins read
HSBC CEO reportedly says the bank will not expand its businesses into bitcoin, citing volatility in the cryptocurrency
"Given the volatility, we are not into bitcoin as an asset class," CEO Noel Quinn told Reuters. He …
Isabelle Lee
2 mins read
HSBC shares jump 5% after Europe's biggest bank reports slimmer credit losses and signals it could pay a dividend this year
"I'm pleased with the significantly lower credit losses in the quarter, and we are moving at pace t…
Theron Mohamed
1 min read
HSBC puts 35,000 job cuts on hold amid Coronavirus pandemic
In February, HSBC said it planned to scale back its headcount from 235,000 to about 200,000 over…
2 mins read
More CEOs are deciding the stress, pressure, and loneliness are just not worth the money
HSBC's boss said he needed a "better balance between my personal and business life." CEOs like Elon…
Theron Mohamed
3 mins read
Gen X is in charge now, and boomers are being shown the door
The last leaders of the boomer era look set to cede their power to younger Gen X leaders across the…
Hasan Chowdhury
1 min read
Silicon Valley Bank's UK unit has been sold to HSBC for $1.21
The UK government and the Bank of England facilitated the private sale, UK Chancellor Jeremy Hunt s…
Huileng Tan
1 min read
HSBC suspends senior exec after he called warnings about the climate crisis 'unsubstantiated' and 'shrill,' a report says
Stuart Kirk said in a presentation that throughout his long career in finance, there was "always so…
Beatrice Nolan
2 mins read
HSBC scraps individual offices for execs and tells them to 'hot desk' instead as part of its post-pandemic work plan
HSBC executives at the bank's London HQ have been moved two storeys down and have to "hot desk" as …
Kate Duffy
2 mins read
UK bank Standard Chartered is setting up a cryptocurrency exchange as rival HSBC decides not to offer digital currencies to clients
"We have a strong conviction that digital assets are here to stay," said the head of the StanChart …
Carla Mozée
4 mins read
A survey of first-year investment bank analysts could indicate a shift in how future junior bankers are trained up
A survey of first-year analysts working at investment banks indicates some junior bankers might car…
Dan DeFrancesco
2 mins read
US stocks trade higher as reopening optimism returns following week of losses
US stocks opened higher Monday as investors looked to snap a streak of recent losses. New coronavir…
Isabelle Lee
2 mins read
HSBC is sinking after the bank reported an 'unacceptable' 24% decline in profits in its latest earnings
"The revenue environment is more challenging than in the first half of 2019, and the outlook for re…
Yusuf Khan
1 min read
HSBC's profits plunge 45% as low interest rates and bad loans take their toll
Europe's biggest bank reported lower profits in three of its four divisions in 2020, but its gains …
Theron Mohamed
1 min read
HSBC beats expectations with 79% jump in Q1 pre-tax profit as cautious outlook prompts credit loss reversal
Europe's largest lender said profit-before-tax came in at $5.8 billion, beating the $3.4 billion ex…
Shalini Nagarajan
2 mins read
HSBC crushes 1H profit estimates and slashes bad-loan buffer as the global economy recovers from COVID-19
Pretax profit for the first half of the year more than doubled to $10.8 billion, compared with the …
Shalini Nagarajan
2 mins read
UBS CEO says working remotely is good for bank's clients as well as staff work-life balance
Deutsche Bank, Vanguards, HSBC and Lloyds are all embracing a more flexible model.
Stephen Jones
2 mins read
HSBC is reportedly planning to axe 10,000 jobs amid a brutal year for global bank workers
New interim CEO Noel Quinn is looking to make his mark on the bank, the newspaper said, as the new …
Yusuf Khan
2 mins read
HSBC's profits dive 67% in the second quarter as COVID-19 and US-China geopolitical trade risk hit the lender
The British bank reported profit before tax of $1.1 billion, 67% lower than the $3.2 billion it mad…
Saloni Sardana
2 mins read
Tech leads US stocks higher as economic optimism grows and inflation fears cool
US stocks closed higher Monday, led by the tech-heay Nasdaq, which was up by 2% in afternoon tradin…
Isabelle Lee
1 min read
HSBC's profits plunged 51% last quarter as the coronavirus pandemic battered the bank
"The economic impact of the Covid-19 pandemic on our customers has been the main driver of the chan…