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HSBC is alerting customers about a serious scam in which fraudsters con people into being "money mules." They promise quick cash to victims who become unwitting criminals. In this apparently innocuous act, transferring money can result in a criminal record or even 14 years behind bars. So be on your guard and protect yourself! Imagine …

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The bank has picked a Lebanese-born finance chief for the post of chief executive officer. He will take over in September as Director Noel Quinn retires after aggressive five years running the bank. Georges Elhedery joined HSBC in 2005, holding a series of critical roles, which included co-CEO, Global Banking, and head of Operations in …

HSBC appoints new CEO

HSBC has appointed Georges Elhedery as its new chief executive, tasking him with navigating the bank through growing tensions between the West and China. Elhedery, who has served as chief financial officer since early 2023, will take over from Noel Quinn on September 2. Quinn's unexpected announcement in April of his decision to step down, …

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