‘I Was Ruthless About Killing Complexity’: HSBC CEO on Rewiring the Bank

HSBC CEO Georges Elhedery joins Francine Lacqua to explain why he is “ruthless about killing complexity” as he pushes through an AI-fuelled overhaul of one of the world’s biggest banks. He reflects on leadership, integrity and cultural fluency, and shares how HSBC is adapting to geopolitical tensions, shifting trade routes and the rapid rise of generative AI.See omnystudio.com/listener for privacy information.

In next week's episode, host Francine Lacqua speaks with Georges Elhedery, chief executive of banking giant HSBC. Here's a preview of that conversation where he talks about why the use of artificial intelligence at the bank is not optional.See omnystudio.com/listener for privacy information.

Having navigated some of life’s most defining transitions, Melinda French Gates reflects on the choices that set her path—from Microsoft executive to philanthropist and now founder of Pivotal. She shares how values-based leadership, resilience and the courage to embrace “the next day” have guided her through change, power and public scrutiny.Watch this interview: http://bloomberg.com/leaderswithlacquaRead more from Bloomberg on management and work: https://www.bloomberg.com/management-workSee omnystudio.com/listener for privacy information.

What makes a leader successful? Francine Lacqua interviews top CEOs and global industry leaders for candid lessons on leadership, management, and the future of work.See omnystudio.com/listener for privacy information.

Francine Lacqua meets Ray Dalio on OceanX in the port of Nice for the UN Ocean Conference. They speak about radical transparency, building and leaving one of the largest hedge funds and what’s next.Check out the Originals show: https://www.bloomberg.com/news/videos/2025-10-10/ray-dalio-on-markets-debt-and-the-next-global-crisis-videoSee omnystudio.com/listener for privacy information.

Make sense of the world with one essential conversation, every week. Mishal Husain, one of Britain's best interviewers, brings her signature blend of curiosity and tenacity to weekly conversations with world leaders, business titans, and cultural icons, revealing who they really are and how they see the world changing around them.Follow the podcast wherever you listen, so you don't miss an episode.https://link.podtrac.com/iu94w2n4See omnystudio.com/listener for privacy information.

This week, we bring you an extended version of the premiere episode of a new Bloomberg Originals series, Leaders with Francine Lacqua. Francine visits Finland, where the threat from neighboring Russia looms large. She speaks to President Alexander Stubb about resilience and how his country is preparing for an uncertain future. Watch the Originals program here: https://www.bloomberg.com/news/videos/2025-09-12/finnish-president-stubb-on-resilience-in-russia-s-shadow-videoSubscribe to the Management and Work newsletter here: https://www.bloomberg.com/account/newsletters/management-and-workSee omnystudio.com/listener for privacy information.

On this week’s In the City, hosts Allegra Stratton and Francine Lacqua are joined by James Kanagasooriam, chief research officer at Focaldata, to unpack how AI is reshaping employment. The conversation explores how AI’s ripple effects are hitting the white-collar sector in the UK, from shrinking graduate job pipelines to the potential collapse of middle-class tax bases.See omnystudio.com/listener for privacy information.

Chancellor Rachel Reeves delivered the annual Mansion House speech to the key players in London’s financial sector this week. Bloomberg’s City Editor Katherine Griffiths joins host Francine Lacqua to discuss how the City reacted to the Chancellor's announcements, particularly reforms to ring-fencing rules.See omnystudio.com/listener for privacy information.

Earlier this year, the UK government directed its antitrust watchdog, the Competition and Markets Authority, to be "less risk averse" and to align more closely with its pro-growth agenda. We invited the CMA's interim chair Doug Gurr to update us on that mission and to explain what the group is doing to support the government's pledge to make it easier for businesses and the economy to grow. See omnystudio.com/listener for privacy information.