HSBC leaves door open for bigger cost cuts, Asia focus as revamp spurs leadership shake-up
Colin Bell, who oversees Europe, and Stephen Moss, who leads the Middle East and North Africa region, will depart on December ...
HSBC CEO tells staff senior redundancies inevitable after revamp
Some senior HSBC staff should brace for job cuts after the bank's latest restructuring, Chief Executive Georges Elhedery told ...
The Manila Times on MSN2h
New HSBC boss announces bank restructuring
LONDON ― HSBC on Tuesday unveiled plans to simplify the banking giant's structure from next year in the first major change under new Chief Executive Officer (CEO) Georges Elhedery. The ...
Leadership4h
HSBC Appoints New Female CFO and Revamps Global Structure
HSBC has appointed Pam Kaur as its first female Chief Financial Officer and restructured its geographical setup in a major ...
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 ...
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 ...
fstech5h
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 ...
Wall Street follows FTSE lower despite IMF declaring global battle against inflation 'largely won'
Wall Street took its lead from the FTSE 100 ( ^FTSE) and European stocks on Tuesday, heading lower despite the International Monetary Fund (IMF) said it believes the global battle against inflation ...
Euro Weekly News5h
East-West divide for London-based HSBC
HSBC, based in London, is splitting its operations into Eastern and Western markets. The change were made public six weeks ...
BusinessMirror5h
HSBC warns 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 restructurings.  “As we integrate the businesses, there will inevitably be a reduction in ...
devdiscourse6h
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 ...
Is Pam Kaur's 'Power of Chi' enough to transform HSBC amidst geopolitical tensions?
Pam Kaur's appointment as HSBC's first female CFO in its 160-year history marks a significant milestone. With a rich ...