# HSBC Holdings CEO Georges Elhedery said the conflict in the Middle East and broader "uncertainties" are beginning to dent client confidence.

*business · news · 2026-04-14 · The Japan Times *

## Key points

- HSBC CEO Georges Elhedery reports Middle East conflict is starting to dent client confidence.
- Elhedery warns that ongoing conflict could impact global markets beyond the Middle East region.
- He highlights potential effects on prices of goods, oil, refined products, fertilizers, and metals.
- HSBC observes that investor sentiment is being affected by increased global volatility and uncertainty.

**Companies:** HSBC Holdings
**Countries:** United Kingdom, Hong Kong

[Read the full story on The Japan Times ](https://www.japantimes.co.jp/business/2026/04/14/markets/hsbc-mideast-global-confidence/)

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