Express News | Saudi Aramco Mandates Citi, Goldman Sachs International, HSBC, J.P. Morgan, Morgan Stanley and SNB Capital as Joint Active Bookrunners - Document

Reuters23:46 ET

HSBC Holdings (00005) is expected to announce the successor of the CEO earlier this month and plans to provide compensation and new job incentives.

According to sources cited by the media, it is expected that HSBC Holdings (00005) will promote a new CEO from within the company, and the earliest announcement could be made this month. Qi Yaonian, who has been the CEO of HSBC for five years, announced his intention to resign in April. HSBC Chairman Dooja Chakra will also retire in 2026. According to reports, the nomination committee is expected to select the CEO's successor from among many executives, including Chief Financial Officer Ai Qiaozhi, Global Executive of Wealth Management and Personal Banking Business Ma Litao, Global Executive of HSBC's Global Banking and Markets Division, Gao Guoyang, and HSBC Bank in the United Kingdom and Europe CEO of HSBC Bank.

Zhitong Finance21:56 ET

Zhitong ADR statistics | 9th July

HSI ADR rose, and calculated proportionally, closed at 17556.32 points, up 32.26 points or 0.18% compared to the Hong Kong stock market closing.

Zhitong Finance18:32 ET

Change in U.K. Government Has Limited Implication for Banks -- Market Talk

1447 GMT - The U.K.'s new Labour government should have limited near-term implications on the country's banks, Citi says in a note. "We see limited taxation and spending changes, in part due to the U.

WSJJul 8 10:48 ET

Update: Market Chatter: HSBC's German Wealth Management Unit Draws Interest From BNP Paribas, UBS

(Updates with KPMG's refusal to comment in the seventh paragraph.)HSBC Holdings' (HSBC) sale of its German wealth management unit is getting initial interest from BNP Paribas, Julius Baer Group, and U

MT NewswiresJul 8 08:50 ET

Olam Group: HSBC Appointed as Facility Agent

Olam Group: HSBC Appointed as Facility Agent

Dow JonesJul 8 06:04 ET