HSBC splits bank between East and West

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 and institutional banking, and international wealth and premier banking
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 the business. Pam Kaur has worked at the bank for more than a decade and is currently its chief risk and compliance officer.
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 sprawling operations.
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 Georges Elhedery that also included the appointment of the bank's first female finance chief.
Transcript: HSBC’s east-west split
This is an audio transcript of the FT News Briefing podcast episode: HSBC’s east-west split [MUSIC PLAYING] Sonja Hutson Good morning from the Financial Times. Today is Wednesda
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 markets divisions, new CEO Georges Elhedery said
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.
HSBC names first female CFO—Pam Kaur gets top finance job as her predecessor ascends to CEO
HSBC Holdings Plc, in business for 159 years, is making history in its C-suite as it embarks on a company reorganization. Pam ...
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 Announces Restructuring and Names First Female C.F.O.
HSBC announced its biggest restructuring in a decade this morning, splitting itself into four divisions, combining some of ...
HSBC Names Indian-Origin Banker Pam Kaur As Its First Woman CFO
HSBC Holdings Plc, which was founded by a Scotsman more than 150-years ago, named Pam Kaur the first female chief financial ...
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.
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HSBC revamps business structure to accelerate growth
HSBC Holdings, under its new chief executive officer Georges Elhedery, has unveiled a major restructuring of the financial ...
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 ...