HSBC CEO Tells Staff Senior Redundancies Inevitable After Revamp
LONDON (Reuters) - Some senior HSBC staff should brace for job cuts after the bank's latest restructuring, Chief Executive Georges Elhedery told staff in a memo seen by Reuters on Wednesday.
HSBC revamp by new CEO Georges Elhedery stumps staffers, investors alike
HSBC Holdings’ new chief executive officer just unveiled the biggest overhaul of the company in at least a decade, but it was missing some key details for employees and investors. Read more at The Business Times.
HSBC Warns It Will Cut Senior Manager Roles in Revamp
HSBC Holdings Plc warned it will likely cut senior manager jobs as the lender embarks on one of its biggest restructuring.
HSBC chief Georges Elhedery unveils sweeping overhaul of lender
HSBC chief executive Georges Elhedery has announced an overhaul of the bank that would split it into four divisions and create a new geographic set-up separating east from west. The bank will split off its UK and Hong Kong businesses into new units,
HSBC CEO Elhedery unveils overhaul, plans to split into 4 divisions, FT says
CEO Georges Elhedery has announced plans to overhaul the bank, which will involve the company splitting into four divisions and
HSBC Revamp by New CEO Elhedery Stumps Staffers, Investors Alike
HSBC Holdings Plc’s new chief executive officer just unveiled the biggest overhaul of the company in at least a decade, but it was missing some key details for employees and investors.
HSBC Restructures Banking Operations Under New CEO Georges Elhedery
HSBC Restructures Banking Operations Under New CEO Georges Elhedery On Tuesday, HSBC Holdings unveiled a major overhaul of its banking operations, merging its commercial and investment banking sectors under
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HSBC's Strategic Overhaul: Job Cuts and Geographic Realignment
HSBC prepares for job cuts amid significant restructuring as CEO Georges Elhedery merges operations and reorganizes the ...
HSBC names first female CFO—Pam Kaur gets top finance job as her predecessor ascends to CEO
Kaur joined HSBC in April 2013 and went on to hold several leadership roles, most recently, chief risk and compliance officer ...
HSBC: The questions investors want answered on Elhedery’s East-West split
HSBC’s new chief executive has made his play to cut costs and home in on core divisions at Europe’s biggest bank, including ...
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HSBC splits operations into East and West and appoints first female CFO
The changes, set to take effect from January 2025, will see the bank simplified into four key units: UK, Hong Kong, corporate ...
HSBC splits East and West in major revamp and appoints first female finance chief
HSBC , merged some operations and split its geographic footprint into East and West in a sweeping restructuring under new CEO ...
HSBC splits bank between East and West in major overhaul
HSBC has announced the appointment of its first female finance chief in the bank's 159-year history as its new boss shakes up ...
HSBC to split U.K. and Hong Kong banking arms into two separate units
HSBC’s overhaul will see the bank split into four separate units under the control of two distinct Eastern and Western ...
HSBC Kicks Off Biggest Restructuring in A Decade
HSBC has unveiled its largest overhaul of the company in at least a decade. Bloomberg Intelligence's Francis Chan explains ...