HSBC has disclosed a leadership transition in its U.S. operations. Lisa McGeough stepped down from her role as president and CEO of the United States and U.S. head of banking “to pursue new opportunities outside HSBC,” the bank said in a Friday (Aug. 29) filing with the Securities and Exchange Commission (SEC).
HSBC's U.S. CEO Lisa McGeough stepped down months after taking the job and the bank tapped longtime executive Jason Henderson as interim head while it looks for a successor.
HSBC's stock (NYSE: HSBC) has performed quite well this year, increasing by approximately 33% since the beginning of January. This is in contrast to its competitor JP Morgan (NYSE: JPM), which is up roughly 25% in the same timeframe.
HSBC has issued an apology following an outage involving its website and banking app. “We understand some customers are having issues accessing banking services right now.
HSBC customers in Britain reported problems accessing mobile and online banking services on Wednesday, as the bank apologised and said it was investigating the matter urgently.
HSBC's Swiss private bank has launched a cull of more than 1,000 wealthy Middle Eastern clients, as it faces scrutiny from regulators over high-risk customers, the Financial Times reported on Sunday.
Press Release 15 August 2025 UPDATE ON STRATEGIC REVIEW OF HSBC BANK MALTA P.L.C. Further to the strategic review of HSBC's shareholding in HSBC Bank Malta p.l.c.
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