Harry Wilson

London

Finance Reporter at Bloomberg News

Finance reporter @business in London. Views my own. Got a story email me at [email protected]

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Articles

HSBC Weighs Asking Staff to Show Up in Office Three Days a Week

1 week ago | bloomberg.com | Harry Wilson

HSBC's Newgate Street offices in the City of London. (Bloomberg) -- HSBC Holdings Plc is considering telling all its employees to work from one of the bank’s offices at least three days a week, as it looks to tighten some of its flexible policies that have been in place since the pandemic. The new arrangement is under discussion and no decision has yet been made, a person familiar with the matter said, asking not to be identified discussing internal deliberations.
StanChart CEO is in no rush for return-to-office mandates

1 week ago | fortune.com | Harry Wilson

June 16, 2025 at 4:37 PM EDTBill Winters, chief executive officer of Standard Chartered Plc, during a Bloomberg Television interview in London, UK, on Monday, June 2, 2025. Jason Alden/Bloomberg via Getty ImagesStandard Chartered Plc said it would maintain a flexible attitude toward its employees’ working arrangements, bucking a trend among some of its Wall Street rivals that are ordering workers to return to office five days a week.
StanChart CEO Is in No Rush for Return-to-Office Mandates

1 week ago | bloomberg.com | Harry Wilson

Standard Chartered Plc CEO Bill Winters(Bloomberg) -- Standard Chartered Plc said it would maintain a flexible attitude toward its employees’ working arrangements, bucking a trend among some of its Wall Street rivals that are ordering workers to return to office five days a week.
HSBC Hastens Search to Find Next Chairman as Tucker’s Exit Nears

2 weeks ago | bloomberg.com | Harry Wilson |Donal Griffin |Ambereen Choudhury

Mark Tucker(Bloomberg) -- With the clock ticking in the hunt for HSBC Holdings Plc’s next chairman, Europe’s largest bank is speeding its efforts to assemble a list of candidates for the role. Chairman Mark Tucker’s announcement last week that he would leave HSBC in September to take on a non-executive chairman role at AIA Group Ltd. came as a surprise to some of his fellow board members, who thought they’d have more time to find his replacement, according to people familiar with the matter.
HSBC Hastens Search to Find Next Chairman as Tucker’s Exit Nears

2 weeks ago | flipboard.com | Harry Wilson |Donal Griffin |Ambereen Choudhury

5 hours agoWhat was it like to work inside Elon Musk's DOGE? The cost-cutting initiative promised transparency, but most of its actions have been shrouded in secrecy. For months, there were reports of software engineers and Trump loyalists entering agencies and accessing sensitive data. DOGE also helped the …
HSBC Eyes New Canary Wharf Office as Desk Shortage Mounts

3 weeks ago | bloomberg.com | Harry Wilson |Jack Sidders |Natasha Voase

The HSBC Holdings Plc offices in Canary Wharf. (Bloomberg) -- HSBC Holdings Plc is in talks to lease several floors near its current headquarters in London’s Canary Wharf as the bank grapples with a looming shortfall of several thousand desks in the offices it’s moving into next year. The bank has put in an offer to take all of the empty space at 40 Bank Street in Canary Wharf, people with knowledge of the discussions said, asking not to be identified discussing non-public information.
Private Credit’s Edge Over Banks Here to Stay, Bill Winters Says

3 weeks ago | bloomberg.com | Harry Wilson

Private credit firms enjoy a “significant” capital advantage over traditional banks that’s unlikely to disappear, according to Bill Winters, chief executive officer of Standard Chartered Plc. Speaking in a Bloomberg Television television interview aired Tuesday, Winters said banks had to deal with higher capital costs than private credit firms due to hikes in capital ratios enacted in the years following the global financial crisis of 2008.
Private Credit’s Edge Over Banks Here to Stay, Bill Winters Says

3 weeks ago | news.bloombergtax.com | Harry Wilson

Private credit firms enjoy a “significant” capital advantage over traditional banks that’s unlikely to disappear, according to Bill Winters, chief executive officer of Standard Chartered Plc. Speaking in a Bloomberg Television television interview aired Tuesday, Winters said banks had to deal with higher capital costs than private credit firms due to hikes in capital ratios enacted in the years following the global financial crisis of 2008.
HSBC entlässt Dutzende Analysten, darunter Anleiheexperte Major

1 month ago | bloomberg.com | Ambereen Choudhury |Nicolas Parasie |Denise Wee |Harry Wilson

HSBC hat nach Angaben von informierten Personen in den letzten Tagen mehr als zwei Dutzend Analysten entlassen. Damit vertieft die größte europäische Bank die Umstrukturierung ihres Investmentbanking-Geschäfts. Zu den Betroffenen gehöre auch Steven Major, der globale Leiter des Bereichs Fixed Income Research der HSBC mit Sitz in Dubai, sagten die Personen, die nicht namentlich genannt werden wollten. Die meisten Entlassungen beträfen Europa, hieß es.
US Firms Face Biggest Hit on Trump Tariffs, HSBC Survey Says

1 month ago | bloomberg.com | Harry Wilson

The HSBC Holdings Plc UK headquarters in London. (Bloomberg) -- US businesses are the most worried about the impact of President Donald Trump’s shifting tariff policies on their revenues, with more than half projecting a hit of at least 25% to their revenue, according to a survey by HSBC Holdings Plc.