HSBC brains as well as brawn, as its coordination of bonds for regional financial institutions illustrates, notably the first Gulf insurance hybrid from Qatar Insurance Company and a string of perpetual sukuk from Kuwait.
HSBC and Tradeshift launch supply chain finance ‘game changer’
Banking: Assaf sets positive tone for HSBC
Lost amid disappointing 2016 results, HSBC’s Global Banking and Markets (GB&M) division has already hit the group 10% return on equity (ROE) target and holds out hope for more to come.
Runners and riders in the HSBC Succession Champion Chase
Banking: Divine inspiration
Lloyd Blankfein may think that Goldman Sachs’ bankers have a monopoly on doing God’s work, but HSBC seems to be giving the US firm a run for its money.
Banking: Could HSBC finally crack the US?
Citi rebrands in Mexico as HSBC signals it will stay
Citi seeks to commit to Mexico after Latin America withdrawal; HSBC injects capital but commitment questioned.
Brazil: Itaú acquisition raises competition concerns
Itaú’s move on Citi’s Brazilian bank comes as Bradesco nears the completion of its purchase of HSBC’s operations in the country.
Lake calls time on HSBC
HSBC global banking and markets vice-chairman and architect of its transformative capital financing model Spencer Lake has decided to leave the firm, Euromoney has learned.
Cash Management Survey 2016
Regional banks on the rise in global cash management
While HSBC scores a notable double in Euromoney’s annual global rankings, the record response rate of almost 35,000 validated votes generated a host of changes at the upper end of our cash management survey. Regional banks move to the fore and some previous global leaders have dropped back.
Cash management non-financial institutions survey 2016: Which ICMs do you use most globally?
Cash management financial institutions survey 2016: Which ICMs do you use most globally?
Macaskill on markets: Front-running and the death of fixed income
The case against two HSBC employees for front-running a foreign exchange order from a client could hasten the death of the principal model for FICC trading by banks. A shift to an advisory-based approach is possible, but banks will struggle to make up lost revenue.
When HSBC’s former head of global FX cash trading Mark Johnson learned that he had a window of just over 30 minutes to move the sterling exchange rate and profit from an approaching client trade, he said: “Ohhh f***ing Christmas,” according to US prosecutors.
Awards for Excellence 2016
|HSBC's headquarters in London|
Westerman joins from Goldman as HSBC rejigs global banking management
Hiring is a coup for HSBC as it tries to build on success of simplified structure in growing GBM division.
HSBC plotline points back to Gulliver
With the bank’s HQ distraction now over, disappointing results have switched attention to the CEO.
Brazil banking: Bradesco buoyant, HSBC on back foot
Achievement in CSR Award: HSBC
Long held up as an example of bad bank behaviour, HSBC has also done some outstanding work in the field of CSR.
Off Message: Canny comms get results for HSBC
Quietly, but forcefully, the bank is getting its message across to UK government and regulators.
HSBC doubles down on EM IB gamble
Banking: Chiang makes his point with HSBC
California’s new treasurer picked his target when he made an example of the foreign bank but the domestic players have been warned.
HSBC expands transaction services workforce
HSBC hired some 500 people in its transaction banking business last year and expanded its mobile offering. The bank's global head of payments and cash management Diane Reyes reflects on some of the lessons learned.
Is Bradesco in the frame for HSBC Brazil?
Global firms feel pinch; Chinese banks set to enter?
LatAm bond markets: HSBC – building from debt
Private banking CIO outlook 2015: HSBC Private Bank
Thomas Moore, CIO and head of private investment group Americas at HSBC Private Bank, talks about how oil prices and volatility are concerns for the year ahead.
HSBC shrugs off $550 million FHFA settlement
Latin American capital markets: Competition for HSBC as it builds in equities
Itaú strengthens position outside Brazil; equity lull a good time for hiring, says HSBC.