It is embarrassing enough that HSBC CEO Stuart Gulliver was caught keeping £5 million in a Swiss bank account. But once you know why that money was in there, the situation looks even more ridiculous.
HSBC executives offered a fresh mea culpa Monday as its chief executive found himself personally mired in the scandal surrounding allegations that the bank helped wealthy clients dodge taxes This ...
HSBC CEO Stuart Gulliver also said between 7,000 and 8,000 jobs would be cut in Britain, or about one in six of its staff. He expects those cuts to be by "natural attrition", noting that turnover ...
"Our pivot to Asia is driving higher returns and lending growth, particularly in Hong Kong and the Pearl River Delta," HSBC's chief executive, Stuart Gulliver, said in a statement. The firm's ...
CEO Stuart Gulliver has said that most of these jobs will be replaced by automation Most of these jobs are likely to be in the bank’s UK businesses, with around 8,000 British employees likely to leave ...
Everybody hates Mondays but today could mark one of the worst ever for HSBC boss Stuart Gulliver. Today, HSBC unveiled a 17% plunge in profits before tax to £12.14 billion for 2014, from £14.66 ...