Category : Search result: HSBC CEO


Brendan Nelson appointed HSBC group chairman

HSBC appoints Brendan Nelson as its new group chairman, succeeding Sir Mark Tucker. Nelson, a board member since 2023, steps up from interim role. Discover the leadership shift and its context.

Warrington street targeted by bank fraud scam

Residents on a Warrington street discovered their addresses were used to open fraudulent HSBC accounts. The bank has apologised after victims received bank cards and PINs for strangers.

George Osborne in running for HSBC chairman

Former Chancellor George Osborne is reportedly a candidate to become the next chairman of banking giant HSBC. Discover the details of this surprising potential appointment.

HSBC sued over Bernie Madoff profits in major lawsuit

HSBC confronts explosive legal action alleging the banking giant knowingly profited from Bernie Madoff's notorious Ponzi scheme while ignoring clear warning signs in the largest fraud in Wall Street history.

UK productivity downgrade sparks tax rise fears

Britain faces a stark economic reckoning as official forecasts slash productivity growth, triggering speculation about imminent tax rises while major corporations voice concerns over investment climate.

Mortgage Rate War: Lenders Slash Costs

Barclays, HSBC and Santander lead charge with significant mortgage rate reductions, offering relief to borrowers amid shifting economic landscape. Find out which deals could save you thousands.

HSBC sued for £1bn over Madoff fund collapse

Global banking giant HSBC confronts massive legal action from investors who lost millions in Luxembourg-based fund Herald Luxembourgh, connected to Bernie Madoff's Ponzi scheme.

Stuart Gulliver: HSBC Banking Titan Dies

Explore the remarkable life and career of Stuart Gulliver, the former HSBC CEO who navigated the banking giant through global crises and regulatory challenges, leaving an indelible mark on international finance.

LA Metro CEO's Secret Settlement Package Revealed

Exclusive investigation reveals how Los Angeles Metro CEO Fesia Davenport received a substantial settlement package to quietly exit her role, raising serious questions about transparency and accountability in public transportation leadership.

LendingTree CEO Doug Lebda Dies at 56

Financial technology pioneer and LendingTree founder Doug Lebda has died unexpectedly at 56, leaving the business world mourning the loss of a visionary leader who revolutionised online lending.

HSBC freezes Melbourne woman's account without explanation

A Melbourne mother's life turned upside down when HSBC suddenly froze her account without explanation, leaving her unable to access her own money for essential expenses in a shocking case of banking bureaucracy gone wrong.

162 UK Bank Branches to Close in 2024: Full List

Major banks including Barclays, HSBC, Lloyds, and NatWest have announced a sweeping wave of 162 branch closures across the UK in 2024, accelerating the decline of the British high street. Discover if your local branch is on the list.

Autumn 2025 Bank Closures: Full List of Shutting Branches

Exclusive: Major UK banks including Barclays, Lloyds, and HSBC announce a fresh wave of branch closures for Autumn 2025, leaving communities without vital local banking services and raising concerns about financial exclusion.

UK Banks Axe 74 Branches in Six Weeks

Major UK banks are accelerating branch closures, shutting down 74 locations across England, Scotland, and Wales in a devastating six-week blow to local communities and the elderly.

Qantas ex-Coinvestigation Joyce gets £14.4m payout after turmoil

Former Qantas CEO Alan Joyce has been handed a staggering £14.4 million payout following his early departure, despite a tumultuous final year marked by flight cancellations, legal battles, and a tarnished reputation for the Australian airline giant.

Major Lenders Slash UK Mortgage Rates to 7-Month Low

In a major boost for the UK housing market, leading lenders including Halifax and HSBC have cut mortgage rates to their lowest point since last summer, offering new hope for first-time buyers struggling to get on the property ladder.

HSBC ordered to repay £50k after pensioner scam failure

A retired NHS nurse from London lost her entire life savings in an authorised push payment scam. The Financial Ombudsman Service has now ruled HSBC must refund Katrina Harrison £50,000 after the bank's security systems failed to prevent the fraud.

HSBC and First Direct Hit Major Online Banking Outage

Thousands of HSBC and First Direct customers across the UK were unable to access their online and mobile banking services due to a significant technical outage, with the bank issuing an apology and working to resolve the 'ERR03' error.

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