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fromBusiness Matters
11 hours ago

George Osborne emerges as surprise contender to become HSBC chairman

Former chancellor George Osborne has been shortlisted as a shock candidate to become the next chairman of HSBC Holdings, one of the most powerful and prestigious roles in global banking, according to reports. Sky News revealed that Osborne - who served as chancellor from 2010 to 2016 - was approached over the summer as part of HSBC's year-long search to replace outgoing chair Sir Mark Tucker. City sources say he is now among three remaining contenders being considered by the board.
Business
Real estate
fromBusiness Matters
1 week ago

HSBC breaks post-crisis barrier with 6.5-times salary mortgages for top-tier customers

HSBC offers mortgages up to 6.5 times salary to select Premier customers with a 10% deposit and £100,000 earnings or savings, signalling looser lending.
Business
fromwww.mercurynews.com
1 month ago

HSBC says increase in US H-1B visa costs Is manageable'

The increased US H-1B visa fee is manageable for HSBC because it employs fewer H‑1B holders in the US than many financial and technology firms.
UK news
fromwww.bbc.com
2 months ago

HSBC apologises as app and online banking go down

HSBC's UK online banking and mobile app suffered an outage from 11:00 BST, blocking account access while phone, in-branch services and card payments continued.
fromBusiness Matters
3 months ago

HSBC reverses Canary Wharf exit plan amid desk shortage and return-to-office push

HSBC has signed a 15-year lease for 210,000 sq ft in Canary Wharf after a desk shortage prompted reassessment of its London strategic operations.
London
US politics
fromwww.theguardian.com
4 months ago

HSBC becomes first UK bank to quit industry's net zero alliance

HSBC is the first UK bank to exit the Net Zero Banking Alliance, raising concerns about its commitment to climate action.
London startup
fromBusiness Matters
4 months ago

HSBC faces 150m dilemma over office space as return-to-work drive clashes with post-pandemic downsizing

HSBC is facing a desk shortage due to reduced office space amid changing work policies.
London startup
fromFortune
4 months ago

HSBC's return-to-office push risks denting CEO's savings plan

HSBC's office space considerations may hinder its $1.5 billion cost-saving target, projecting hundreds of millions in additional real estate costs.
Remote teams
fromIT Pro
5 months ago

HSBC says get back to the office or risk bonuses - and history shows it's a tactic that might backfire

HSBC threatens bonus reductions for staff who do not meet in-office attendance requirements, emphasizing their return to office policy.
Remote teams
fromBusiness Matters
5 months ago

HSBC warns UK staff: return to the office three days a week or risk pay cuts

HSBC will cut pay for UK employees not meeting new in-office attendance rules, tightening hybrid work policies.
fromBusiness Insider
6 months ago

HSBC launched a loan specifically to help businesses deal with the cost of tariffs

By settling import duties directly and frictionlessly through HSBC TradePay, our US clients have more visibility and control over their working capital at the time they need it most.
Business
fromwww.theguardian.com
6 months ago

Ugandan activist asks HSBC to put lives before profit' as campaigners target bank's AGM

At just nine years old, Patience Nabukalu experienced profound loss due to climate-induced flooding, prompting her to become an activist championing the voices of affected Ugandan communities.
Environment
#trade-war
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