Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Insurance
      • Square Mile and me
      • Tech
      • Legal
      • Banking
      • Property
      • Retail
      • Crypto
      • Transport
    • From our partners
      • AON
      • City of London BIDs
      • Central London Alliance CIC
      • Inside Saudi
      • London Stansted Airport
      • Tottenham Hotspur Stadium
    • Featured

      Olivia Smith: First £1m transfer shows good and bad of women’s football

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Why the Football Governance Bill is good news for investors and fans alike

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • City Winners
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Superman 2025: James Gunn reboots the DC Universe – is it good?

      Submit a story

      Tell us your story.

      Submit
  • Personal Finance
  • City AM Events
  • Newsletters
  • Latest Paper
  • Sign In
  • Sign Out
  • My Account

hsbc holdings

  • HSBC splashes $5m on new London wealth centre despite non-dom exodus

    Banking

    HSBC has opened a new wealth centre in the heart of London to cater to high-earning customers in defiance of fears of an exodus of wealthy investors from the UK. Britain’s most valuable bank has leased two floors of a fifteen-storey tower in Piccadilly, formerly the home of British magazine The Economist, in a $5m [...]

  • HSBC sells UK life insurance arm in latest European retreat

    Banking

    Banking juggernaut HSBC has marked its latest retreat on European operations after selling its UK life protection arm to insurance firm Chesnara. HSBC have offloaded the division for £260m, which Chesnara will fund through a combination of external resources, credit facility and a equity raise. The move comes amid Georges Elhedery‘s sweeping changes at the [...]

  • HSBC’s return-to-office plans risk boss’ cost-cutting ambitions 

    Banking

    HSBC’s cost-cutting agenda is set to face a major disruption as the lender faces a shortfall of desks in its office move.  The banking juggernaut has been reported to be mulling a return-to-office mandate that would force employees back into the office for at least three days a week. This comes as the bank is [...]

  • High street banks’ SME lending comeback won’t rattle challengers

    June 20, 2025

    High street banks are flocking back to small- and medium-sized enterprise (SME) lending but face a battle against fintechs which have captured their spot. The Big Four banks have shed their market stronghold in SME lending. Research from the British Business Bank in March revealed challenger banks make up around 60 per cent of gross [...]

  • Financial services firms expected to dump green finance and DEI

    June 18, 2025

    The financial services industry is taking a dramatic step back from green finance and diversity policies.  Over half of UK senior financial professionals believe their leadership will place less focus on environmental, social and governance (ESG) policies in the coming years.  Meanwhile, a similar proportion, 54 per cent, believe diversity, equality and inclusion commitments will [...]

  • High street banks ramp up SME lending to highest since 2022

    June 16, 2025

    High street banks are scaling up their lending to small businesses, with the first quarter of 2022 hitting the highest amount since 2022.  Lenders issued £4.6bn worth of loans in the first three months of the year marking a 14 per cent year-on-year jump. The rise was driven by a surge of lending to agriculture, [...]

  • HSBC accelerates private credit pivot with $4bn injection

    June 2, 2025

    Europe’s biggest lender has continued its pivot into private credit funds with a $4bn investment into its asset management arm. HSBC has used its asset management business to spearhead a transition into the booming $1.6tn private credit market. The firm said it will invest the new cash into its alternative credit funds, with the goal [...]

  • HSBC cuts more investment bank roles in latest European retreat 

    May 27, 2025

    HSBC has reportedly given more than two dozen analysts in its investment banking division the chop as the bank’s boss presses on with his sweeping overhaul. The firm’s cuts primarily focused on Europe, where the lender has continuously signalled a winding down of operations. The banking juggernaut slashed ten per cent of its work force [...]

  • Is HSBC turning its back on Europe?

    May 20, 2025

    When Georges Elhedery took the helm at HSBC, he wasted no time making his mark on the firm.  Elhedery plotted a “simpler, more dynamic and agile organisation” in his sweeping restructure first announced in October 2024. One significant change introduced by the new bank chief was splitting the business into “eastern markets” covering the Asia-pacific [...]

  • HSBC Asset Management’s sustainability boss to depart as sector pivots on ESG

    May 5, 2025

    The top sustainability boss at HSBC Asset Management is set to leave the firm amid chief executive Georges Elhedery’s review of the lender’s environmental, social and governance (ESG) policies. Erin Leonard’s exit, as first reported by Reuters, follows Celine Herweijer, the bank’s former chief sustainability officer, leaving the firm at the end of last year. [...]

Posts pagination

  • Page 1
  • Page 2
  • Page 3
  • …
  • Page 45
  • Next

Trending Articles

  • Rolex sponsored Wimbledon stars made to pay for own watches

  • Benefits claimants take home more than minimum wage workers

  • Bank of England interest rate cut ‘almost certain’ after poor growth 

  • Lando Norris sells side hustle to Adrian Newey-backed group

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About us
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City AM Curated
  • The Punter
  • City Winners
  • Casino

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Tickets
Copyright 2025 City AM Limited