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HSBC splits bank between East and West
HSBC splits East and West in major revamp and appoints first female finance chief
By Selena Li, Lawrence White and Sinead Cruise HONG KONG/LONDON (Reuters) -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.
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 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, bank
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, currently the chief risk and compliance officer, as the lender’s first female chief financial officer.
HSBC merges commercial and investment banking units, names first female CFO
Kaur, 60, who currently serves as HSBC's chief risk and compliance officer, joined the bank in April 2013 as group head of internal audit. Jon Bingham, interim Group CFO, will resume his role of Global Financial Controller, HSBC said.
HSBC merges commercial, investment banking units
HSBC Holdings said on Tuesday it would combine some of its commercial and investment banking operations in a major overhaul under new CEO Georges Elhedery, which will see it cut costs while trying to improve returns.
7h
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 ...
6h
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 ...
10h
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 ...
Global Trade Review (GTR)
8h
HSBC to expand e-commerce financing in Hong Kong
HSBC will double the size of trade facilities available to e-commerce merchants in Hong Kong after signing a partnership with ...
12h
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 ...
7h
HSBC's Pam Kaur smashes glass ceiling in major overhaul
HSBC's history-making new chief financial officer Pam Kaur is a battle-hardened risk and audit veteran who credits her ...
3d
on MSN
Beijing urges HSBC to keep backing mainland China and Hong Kong’s development push
Xia Baolong, Beijing's point man on Hong Kong affairs, issues call in meeting with HSBC Group chairman Mark Tucker in ...
阿思達克財經網
1d
HSBC HOLDINGS Buys back 2.52M+ Shrs for HKD173M in Total Last Fri
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 2.5204 million shares of the company on the UK and Hong ...
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