HSBC splits bank between East and West in major overhaul
HSBC's new boss has announced a major overhaul of the bank's structure, splitting geographically into eastern and western markets amid increasing geopolitical tensions and a need to cut costs. The bank said that it was simplifying operations by splitting into four key units,
Colin Bell, who oversees Europe, and Stephen Moss, who leads the Middle East and North Africa region, will depart on December ...
Some senior HSBC staff should brace for job cuts after the bank's latest restructuring, Chief Executive Georges Elhedery told ...
HSBC said Tuesday that it would combine some of its commercial and investment banking operations in a major overhaul under ...
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HSBC Holdings Plc, in business for 159 years, is making history in its C-suite as it embarks on a company reorganization. Pam ...
The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its ...
Investors are gearing up for results from 22 Hang Seng Index constituents through the end of the month, including HSBC, BYD ...
Holdings announced that it is simplifying its organisational structure into four businesses to accelerate delivery against its strategic priorities. From 1 January 2025, the Company will operate ...
HSBC's history-making new chief financial officer Pam Kaur is a battle-hardened risk and audit veteran who credits her ...
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