Georges Elhedery

New Business

Hang Seng Bank shareholders set to back HSBC’s privatisation plan amid bad debt concerns

Hong Kong’s banking sector is set for a landmark transformation as thousands of Hang Seng Bank shareholders vote on HSBC…

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New Business

Hang Seng Bank shareholders to vote on HSBC buyout proposal on January 8

HSBC Holdings will host two meetings early next month on its US$14 billion buyout proposal to privatise subsidiary Hang Seng…

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New Business

Exclusive | Property credit quality issues manageable for Hong Kong banks, HKMA’s Eddie Yue says

Challenges from commercial property credit quality will persist for Hong Kong banks next year, though these may be balanced by…

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New Business

HSBC names new CEO of ring-fenced UK division amid biggest overhaul in a decade

HSBC Holdings has named David Lindberg CEO of its ring-fenced UK bank, ending a long search, as the lender undergoes…

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New Business

Li Auto CEO tops Hong Kong’s highest-paid directors list for 2024: Webb-site

Chinese electric-vehicle maker Li Auto’s founder and CEO Li Xiang topped Hong Kong’s paid director ranking for 2024 with a…

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New Business

Is HSBC’s US$13.6 billion buyout offer good enough for Hang Seng Bank investors?

HSBC Holdings’ US$13.6 billion bid to take full control of Hang Seng Bank could be enticing enough for investors to…

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New Business

What’s behind HSBC’s privatisation of Hang Seng Bank? Drive for efficiency, analysts say

HSBC Holdings’ plan to take its Hang Seng Bank subsidiary private marked a key step in the UK lender’s strategic…

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New Business

Mark Tucker, HSBC chairman, plans to retire before the end of 2025

Mark Tucker, the chairman of HSBC Holdings, plans to retire after eight years in the job and the search for…

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New Business

Exclusive | Hong Kong must capitalise on DeepSeek to lure global and Chinese funds, HSBC says

The market rally driven by the DeepSeek breakthrough has attracted massive capital inflows to Hong Kong, as both international and…

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New Business

Former HSBC CEO Quinn to join Julius Baer as chairman in May

Former HSBC CEO Noel Quinn will join Swiss wealth manager Julius Baer Group as its next chairman in May, pending…

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