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City

HSBC bosses have climate protesters ejected from turbulent AGM

The chairman and chief executive of HSBC had several climate protesters thrown out of its annual general meeting on Friday as shareholders rejected a plan which could have split the bank in two. Investors voted by 80.22% to not accept the plan to ...

05 May 2023 at 15:50

City

HSBC fields anger from pensioners amid plans to scrap bankers’ bonus cap

HSBC shareholders have approved the removal of a limit on bankers’ bonuses, as top bosses fielded anger from pensioners for clawing back parts of their payments. A vote on the decision was held during the banking giant’s annual general meeting ...

03 May 2024 at 13:45

City

HSBC boss reveals surprise departure plans after ‘intense’ five years

HSBC’s chief executive is to retire from the bank unexpectedly after an “intense” five years in the role. Noel Quinn, who has been at the helm of the global banking giant since 2019, will remain in the post for up to a year until his ...

30 Apr 2024 at 08:48

City

HSBC chairman Mark Tucker to retire after eight-year tenure

The chairman of HSBC will retire by the end of the year, ending an eight-year tenure that has overseen three chief executives and a tussle with one of the bank’s biggest shareholders. HSBC said it had kick-started a search for a new ...

01 May 2025 at 14:18

City

HSBC says global trade shift poses ‘serious risks’ to economic growth

HSBC has warned over the shift in global trade relations as posing “serious potential risks” to growth, as the bank navigates a series of “unknowns” over the economic outlook. Executives at the bank said economic forecasts were ...

02 May 2025 at 12:20

City

HSBC’s Sir Mark Tucker to leave in September for return to insurer AIA

Banking giant HSBC’s outgoing chairman Sir Mark Tucker will step down at the end of September to take up the same post at Hong Kong-based insurer AIA, the bank has announced. It was announced last month that Sir Mark would ...

06 Jun 2025 at 08:17

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