Last $46.68 USD
Change Today +0.17 / 0.37%
Volume 1.8M
As of 8:04 PM 01/29/15 All times are local (Market data is delayed by at least 15 minutes).

hsbc holdings plc-spons adr (HSBC) Key Developments

HSBC Holding plc Appoints Majed Najm as Saudi Arabia Chief Executive

HSBC Holding Plc appointed Majed Najm as chief executive of its Saudi operations, tapping its local affiliate to fill the top position, two people with knowledge of the matter said. Najm joined Europe s biggest lender from Saudi British Bank, where he was general manager of retail banking and wealth management, the people said, declining to be identified because the information isn't public. Najm replaced Walid Khoury, who left the lender in September. Nabeel Shoaib, HSBCs deputy chief executive in Saudi Arabia, was acting CEO in the interi.

HSBC Holdings Promotes Adrian Rigby to the Newly-Created Position of Chief Commercial Officer of the Global Trade and Receivables Finance Team, Effective from March 1, 2015

HSBC Holdings promoted Adrian Rigby to the newly-created position of chief commercial officer of the global trade and receivables finance team. Rigby is currently operating as global head of product, GTRF, and has been with the bank for 26 years. In his new role, from March 1, 2015, he will deal with business management, risk distribution, governance and risk control functions.

HSBC Holdings plc Appoints Jan Masek Co-Head of its M&A Business in Germany

HSBC Holdings Plc appointed Jan Masek co-head of its M&A business in Germany. Masek will work with Ralf Neuhaus, who currently runs the division, according to the report. Previously, Masek was responsible for overseeing Swiss corporate finance and M&A for JPMorgan Chase & Co.

TETRAN Enters into Partnership with HSBC for Global Online Banking Platform

TETRAN has announced that it has entered into a partnership with HSBC Holdings for an online banking platform. The two firms have entered into a collaboration to offer a platform to streamline integrated finance operations. The new product allows TETRAN to operate throughout Asia-Pacific through a single online platform powered by the bank.

HSBC Appoints David Phythian as New Head of Corporate Real Estate

HSBC announced that David Phythian has been appointed to the key role of head of corporate real estate. Phythian will have overall responsibility for the bank's growing corporate real estate division in the UK, including oversight of its strategy and customer relationships. Phythian takes over from Andy Armstrong who, after seven years in the role, will become global co-head of real estate alongside Richard DeZego. Phythian has been in real estate finance for more than 25 years. He has worked for UCB.

 

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