Abhilash Lal and Pradeep Goenka Step Down as Independent Directors of Ganesha Ecosphere
Abhilash Lal and Pradeep Kumar Goenka ceased to be the Directors of Ganesha Ecosphere Limited w.e.f. September 4, 2024, upon completion of their second term of office as Independent Directors.
Chief Of HSBC’s Wealth And Personal Banking Nuno Matos Exits
Nuno Matos, the Chief of HSBC's Wealth and Personal Banking division, is departing the Asia-focused bank, marking a significant shift as Georges Elhedery steps in as the new Chief Executive Officer (CEO).
HSBC Appoints Georges Elhedery as CEO to Drive Growth
HSBC Holdings has named Georges Elhedery, currently Chief Financial Officer, as its next Chief Executive Officer, signalling a focus on continuity as it aims to stimulate growth and Elhedery will become HSBC's third CEO in less than eight years.
Deposit protection failures cost HSBC £57.4m
HSBC has been fined 57.4 million pounds by the Bank of England for serious failings in protecting customer deposits.
HSBC Life Singapore appointed Harpreet Bindra as the new CEO
HSBC Life Singapore announced the appointment of Harpreet Bindra for the post of Chief Executive Officer.
Rising ‘Anti-ESG’ Sentiment in the US Is Affecting Funds: HSBC
According to a survey by HSBC Holdings Plc, the reaction against investing strategies that take into account Environmental, Social, and Governance (ESG) issues is growing in the US and is having an impact on how managers feel about integrating such aspects into their funds.
HSBC to Lead Arrangement of Shriram Finance’s $150 Million Social Loan
Shriram Finance, India's second-largest independent non-bank lender in terms of advances, has revealed its intention to raise a minimum of $150 million through a social loan.
Rajnish Kumar and Jyoti Sagar appointed as ID’s at L&T
Rajnish Kumar has been appointed as an Independent Director of L&T from May 10, 2023, for five years. He is a seasoned banker with nearly four decades of experience at the State Bank of India, from where he retired as the chairman.
Major investor’s plan to break up HSBC thwarted
HSBC, one of the largest banks in the world, has managed to fend off an attempt by its largest shareholder, Chinese insurer Ping An, to split up the bank. Ping An has been calling for HSBC to separate its Asian business, arguing that its profitable operations in Asia are subsidising other parts of t
