Tag: HSBC

HSBC, UBS exit Nigeria on FDI drought
Global

HSBC, UBS exit Nigeria on FDI drought

Swiss investment baking giants, HSBC and UBS have exited their Nigerian operations as foreign direct investment continues to slump in Africa’s largest economy. The Swiss National Bank, SNB (the country’s central bank equivalent) said that foreign direct investment in Nigeria fell to 379.84 billion naira ($1.2 billion) in the first […]

HSBC Chief Executive Peter Boyles announces retirement
Global

HSBC Chief Executive Peter Boyles announces retirement

HSBC has announced that Peter Boyles will retire from his role as Chief Executive, Global Private Banking to be replaced by António Simões, subject to regulatory approval, effective 1 January 2019. Meanwhile, James Emmett will succeed António Simões as Chief Executive of HSBC Bank plc and Chief Executive of Europe […]

HSBC appoints Alexander Glawe as managing director
Global

HSBC appoints Alexander Glawe as managing director

Global banking giant, HSBC said it has appointed Alexander Glawe as managing director in charge of head of Northern Europe Financial Sponsors. Glawe, who would be based in Frankfurt and joins from Credit Suisse Group AG, will be responsible for advising private equity clients in Germany, Austria and the Nordics. […]