HSBC Holdings PLC (0005.HK)
16 Aug 2019
* U.S.-China trade war, domestic jobs slowdown key reasons (Adds rate cut expectation from HSBC, Citi)
HONG KONG HSBC Holdings' Greater China Chief Executive Helen Wong is leaving, a bank spokeswoman said on Friday, the second senior departure this week after the ousting of group CEO John Flint.
* HSBC says Wong leaving to pursue an external opportunity (Adds detail, context)
HONG KONG, Aug 9 HSBC Holdings' Greater China Chief Executive Helen Wong is leaving the Asia-focused lender, a spokeswoman said on Friday, the second senior executive exit this week after group CEO John Flint left the bank.
LONDON HSBC has named Barry O'Byrne as interim head of its global commercial banking division, succeeding Noel Quinn who became the bank's interim chief executive on Monday.
HSBC Global Asset Management has appointed Nicolas Moreau as its new chief executive, the firm said in a statement on Tuesday, adding that he will join the $500 billion business in September.
Aug 6 HSBC Holdings Plc will appoint Nicolas Moreau as the chief executive of the lender's $500 billion asset management business, Sky News reported on Tuesday.
BRUSSELS HSBC's Swiss private banking arm has agreed to pay nearly 300 million euros ($336 million) to settle a tax fraud case in Belgium, Belgian prosecutors said on Tuesday, the latest blow for the Alpine state's banking sector from the EU.
* HSBC accused of having helped tax evasion, money-laundering
BRUSSELS, Aug 6 The Swiss private banking arm of HSBC Holdings Plc (HSBA.L) has agreed to pay nearly 300 million euros ($336.09 million) to settle a money-laundering and tax fraud case in Belgium, Belgian prosecutors said on Tuesday.