HSBC

The HK$155 a share offer is a 33% premium over Hang Seng's 30-day average closing price; HSBC already owns 63% of the HKEX-listed bank. Hang Seng's after tax profits declined 30% in H1 2025. HSBC has paused buybacks.

In October, Lim, HSBC's HK CEO will replace Hang Seng's Diana Cesar, who is returning to HSBC; Ng, HSBC HK's head of wealth and personal banking, is set to replace Lim as HK CEO, in addition to her other roles.

HSBC’s John O’Neill discusses the bank’s growing focus on digital assets and why Hong Kong has emerged as a key launchpad for its strategy.

The outgoing chairman of HSBC is set to start in October to replace AIA's non-exec chairman Edmund Sze-Wing Tse, who is retiring from his position after 60 years at the life insurer.

FA recently caught up with Jo Miyake, head of banking, Asia and Middle East at HSBC Corporate and Institutional Banking, on capital allocation shifts, cross-border opportunities, sustainable financing and regulation.

HSBC's chief executive Georges Elhedery said the bank is on track to make $300m of savings by the end of 2025; the London-headquartered bank has also exited its Bahrain retail business and announced a $2bn share buyback.

BoCom becomes the first Chinese financial institution to issue a digitally native bond in Hong Kong with a $300m floating rate offering.

A clearer pathway from regulators is needed for transition finance to build scale.

Jo Miyake to become head of banking, Asia and the Middle East, under its new Corporate and Institutional Banking unit, while Selim Kervanci will become CEO of the Middle East.