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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 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 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 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
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 names first female chief financial officer, unveils a major overhaul
HSBC said Tuesday that it would combine some of its commercial and investment banking operations in a major overhaul under its new CEO, which will see it cut costs while trying to improve returns.
New HSBC CEO Shakes Up Structure of Europe's Biggest Bank
HSBC unveiled a revamped structure designed to cut costs, at a time when falling interest rates are likely to eat into income at Europe's biggest bank by assets Under the [plan laid out Tuesday](
HSBC Kicks Off Biggest Restructuring in Decade Under New CEO
HSBC Holdings Plc unveiled a broad restructuring across different business lines and geographies as newly appointed Chief Executive Officer Georges Elhedery embarks on an ambitious effort to cut costs at the banking behemoth.
New HSBC Boss Announces Bank Restructuring
HSBC on Tuesday unveiled plans to simplify the banking giant's structure from next year in the first major change under new chief executive Georges Elhedery.
7h
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.
1d
on MSN
HSBC: The questions investors want answered on Elhedery’s global shake-up
HSBC’s new chief executive has made his play to cut costs and home in on core divisions for the next phase of growth at ...
devdiscourse
4h
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 ...
2h
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 ...
Euro Weekly News
3h
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 ...
7h
Pam Kaur smashes glass ceiling as HSBC’s first female CFO
HSBC's history-making new chief financial officer Pam Kaur is a battle-hardened risk and audit veteran who credits her ...
2h
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 ...
1d
on MSN
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 ...
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