HSBC CEO Warns Mideast Conflict Is Denting Global Confidence

IndustriesFinanceHSBC CEO Warns Mideast Conflict Is Denting Global ConfidenceFacebookXLinkedInEmailLinkGiftExpandGeorges ElhederyPhotographer: Chan Long Hei/BloombergFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Denise Wee, David Ingles, and Yvonne ManApril 14, 2026 at 12:57 AM UTCBookmarkSaveHSBC Holdings Plc Chief Executive Officer Georges Elhedery said the conflict in the Middle East and broader “uncertainties” are beginning to dent client confidence as investors navigate an increasingly volatile global landscape. “We’re saddened and concerned with what’s happening in the Middle East, and we’re concerned not just with what’s happening, but also with how long this will take,” Elhedery said in an interview with Bloomberg Television at an HSBC conference in Hong Kong. “Unfortunately, some of these uncertainties have initially started to weigh on general confidence,” he said.