Douglas Flint

HSBC says 2016 net profit plunged 82% to $2.48 bn

The net profit of USD 2.48 billion compared with USD 13.52 billion recorded in 2015, with group chairman Douglas Flint saying geopolitical changes contributed to "volatile financial market conditions".

HSBC hints could shift to Paris in case of Brexit

Commenting on the bank's decision to remain headquartered in London, Flint warned the result of the referendum "potentially does have an impact on the operating activities of our wholesale bank".

HSBC says Swiss scandal has brought shame on bank

Earnings from Europe's biggest lender on Monday reflected the cost of past misconduct and protecting itself against the impact of further scandals. HSBC said allegations about its Swiss operations had badly damaged its image.

HSBC says turnaround plan on target, costs cut by USD 2b

HSBC , Europe's biggest bank, said it has made sustainable cost savings of USD 2 billion after one year of a three-year turnaround plan, and is on target to meet its return on equity and other financial targets.

Restoring trust the biggest test for global banks: HSBC

HSBC group chairman Douglas Flint told CNBC-TV18’s Shereen Bhan that the number one challenge that faces the global banking business is reestablishing trust and to get everyone on the same agenda.

HSBC chairman says hungry to expand in India: Report

Europe's biggest bank, HSBC, is hungry to ramp up its presence in fast-growing India and is open to acquisitions if allowed, the chairman told the Economic Times newspaper.