The Latest Breaking News from HSBC

Kaur's appointment coincides with a reorganization of the bank.

Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets

JPMorgan Chase tops the ranking, showing the power of first-move advantage when it comes to generating value with AI.

Bank will also divide into four businesses as it seeks to cut costs and navigate rising geopolitical tensions

The changes will take effect from 2025

The bank said it is simplifying operations by splitting into four key units, and geographically into East and West.

In Australia, it’s scam victims who foot the bill for the overwhelming majority of the money lost to scams each year.

‘You are pivotal to this great cause of our times,’ Keir Starmer tells global bosses in London as he targets wealth creation

Reports say Georges Elhedery’s plans part of restructure that would lead to merging global and commercial units

With exponential growth in demand for data center facilities due to the increasing popularity of AI, these two stocks are worth a look right now.

Greenwashing scandals – the practice of misleading the public about what action a company or organisation is taking to protect the environment – are on the rise. As the climate crisis intensifies, greenwashing represents a significant obstacle to meeting global climate change goals.