The London-based bank reported a drop in second-quarter net profit and said it plans to initiate a share buyback of up to $3 ...

CEO Georges Elhedery flagged “structural challenges” to the global economy that have caused uncertainty and market volatility, citing “broad-based tariffs.” ...

HSBC's customers base increased to 6.2 million last year from 5.4 million, showing the importance of the city, Elhedery says HSBC, the largest bank in Hong Kong with 6.2 million customers, will ...

The lender’s considerations come straight from the top, with chief executive Georges Elhedery meeting with executives across the business to discuss a group-wide return.