HSBC chief executive has re-affirmed the bank’s confidence in the economic outlook of Gulf nations, as the Middle East faces uncertainty following the recent outbreak of conflict involving the US, Israel, and Iran, reported Reuters. Georges Elhedery said that HSBC's "conviction in the GCC's (Gulf Cooperation Council) fundamentals and its future is unchanged". These remarks are among the first made by a global banking executive since the escalation of hostilities in the region. In a statement, Elhedery ...