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HSBC splits bank between East and West

Bloomberg L.P. · 16h

HSBC’s East-West Split Isn’t Just About Cutting Costs

The fallout left HSBC scrambling to placate governments and corporations in both east and west. The political standoff between the US and China hasn’t improved since; if Donald Trump returns to the White House next January, things could get even more tricky for any business caught in between.

BBC on MSN · 13h

HSBC splits bank between East and West in major overhaul

HSBC's new boss has announced a major overhaul of the bank's structure, splitting geographically into eastern and western markets amid increasing geopolitical tensions and a need to cut costs. The bank said that it was simplifying operations by splitting into four key units, which will see its commercial and institutional banking divisions merged.

Reuters on MSN · 1d

HSBC splits East and West in major revamp and appoints first female finance chief

By Selena Li, Lawrence White and Sinead Cruise HONG KONG/LONDON (Reuters) -HSBC merged some operations and split its geographic footprint into East and West in a sweeping restructuring under new CEO Georges Elhedery that also included the appointment of the bank's first female finance chief.

East West Bancorp, Q3

Business Insider · 6h

East West Bancorp price target raised to $109 from $103 at Citi

Citi raised the firm’s price target on East West Bancorp (EWBC) to $109 from $103 and keeps a Buy rating on the shares. The bank’s

East West Bancorp: Q3 Earnings Snapshot

East West Bancorp Inc. (EWBC) on Tuesday reported third-quarter earnings of $299.2 million. The Pasadena, California-based bank said it had earnings of $2.14 per share. Earnings, adjusted for non-recurring gains,

Seeking Alpha · 18h

East West Bancorp, Inc. (EWBC) Q3 2024 Earnings Call Transcript

And welcome to the East West Bancorp Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions.

OKC Thunder Wire52m

Pocono Mountain East and West football meet in new school rivalry regular-season finale

East gets the "big brother" distinction since it is the original Pocono Mountain High School, but in recent years, the ...

American Banker2h

East West Bank faces margin squeeze, but investors like its plan

The Southern California company beat analysts' expectations, partly by steadily paying less for deposits, as it navigates a ...

NBA 2024-25 opening night: Experts' picks for East, West and NBA champs

And despite the talent at the top of the conference, the Lakers, Phoenix Suns, Dallas Mavericks and Denver Nuggets could all ...

2d

Time travel: The point where east and west met in divided Berlin

How a small border crossing in Berlin became a global symbol of international tension, espionage, and freedom—and why it ...

23hon MSN

East West Bancorp posts Q3 earnings beat as loans and deposits grow

Q3 earnings topped the average analyst estimate as the Pasadena, California-based bank grew consumer and business banking ...

6h

East West Bancorp price target raised to $110 from $108 at Barclays

Barclays raised the firm’s price target on East West Bancorp (EWBC) to $110 from $108 and keeps an Overweight rating on the shares. The ...

2don MSN

First train test on East West Rail route completed

The first test train journey on the multibillion-pound East West Rail route has been successfully completed. On Monday ...

1don MSN

HSBC's Pam Kaur smashes glass ceiling in major overhaul

HSBC's history-making new chief financial officer Pam Kaur is a battle-hardened risk and audit veteran who credits her ...

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