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HSBC boss signals overhaul of bank is almost over despite drop in profits

HSBC boss signals overhaul of bank is almost over despite drop in profits

25.02.2026 10:15 | The Guardian World

Lender ‘becoming a simple, more agile, focused bank built for a fast-changing world’, says Georges Elhedery The chief executive of HSBC has signalled that his planned overhaul of Europe’s largest lender is drawing to a close despite a slide in annual profits.The bank’s chief executive, Georges Elhedery – who took over in 2024 – said it was “becoming a simple, more agile, focused bank built for a fast-changing world”. Continue reading...

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