HSBC chief pledges to be ‘ruthless’ in elevating bank to top 5 status
Georges Elhedery tells FT Global Banking Summit it is ‘not an option’ for lender to fall short in key areas
Georges Elhedery tells FT Global Banking Summit it is ‘not an option’ for lender to fall short in key areas

‘International Manager’ programme closed to new recruits as CEO Georges Elhedery reshapes Europe’s largest lender

Ida Liu to join Europe’s largest lender as head of its global private bank

The bank scoured the globe for candidates only to choose the person already doing the job on an interim basis

First-quarter income dips to $9.4bn, missing analyst expectations

Lender announced plan last year to use $3.2tn balance sheet to muscle into alternative lending market

Watchdog previously barred bank from taking on high-risk customers over lax anti-money laundering checks