BUSINESSBLOOMBERG
HSBC's Elhedery on Buybacks and Vision for Bank Overhaul
HSBC CEO Georges Elhedery discussed the bank's new stock buyback announcement and second-quarter earnings that exceeded estimates, despite challenges from China's restrictions on cross-border wealth flows. The comments were made during an interview with Bloomberg's Francine Lacqua.
Mentioned
Related Signal
Adjacent reporting
- HSBC resumes share buybacks as quarterly profit soars to $10.1bn
- HSBC Hong Kong CEO Sees Rising Wealth Demand
- HSBC’s CEO says AI will both create and destroy financial industry jobs
- Citic Capital CEO on making China a financial powerhouse
- Are HSBC shares set for a turnover bump owing to Hong Kong’s board-lot reform?