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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 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.
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.
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](
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.
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.
HSBC’s new boss unveils major restructuring
HSBC’s new boss has unveiled a sweeping overhaul of its operational structure as Europe’s biggest lender also appointed its first female finance chief. Georges Elhedery, who took over as CEO from Noel Quinn at the start of September,
11h
New CEO clicks HSBC Rubik’s cube into right place
HSBC , has changed a lot in its almost 160-year history. Yet many of its CEOs have grappled with a familiar question: how to ...
1h
on MSN
HSBC boss splits East and West in major overhaul: Banking giant to divide into four divisions in bid to cut costs
Georges Elhedery (pictured) said the plan to 'simplify' the £123bn banking giant and cut costs would divide it into four.
12h
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 for the next phase of growth at ...
9h
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 ...
14h
HSBC splits East and West in major revamp and appoints first female finance chief
HSBC Holdings , named insider Pam Kaur as its first female finance chief on Tuesday, replacing Georges Elhedery who became ...
2h
HSBC reorganises to make Hong Kong a ‘top strategic priority’ in global banking business
HSBC Holdings plans to restructure its operations into four business units and the bank said it was appointing Pam Kaur, ...
8h
HSBC Overhauls Bank, Seeking to Balance China and the West
The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its ...
11h
on MSN
HSBC announces new structure, names first female financial officer
British financial giant HSBC announced a new consolidation of its operations on Tuesday into four geographical branches in ...
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