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, which will see its commercial and institutional banking divisions merged.
Colin Bell, who oversees Europe, and Stephen Moss, who leads the Middle East and North Africa region, will depart on December ...
6hon MSN
HSBC Holdings Plc, in business for 159 years, is making history in its C-suite as it embarks on a company reorganization. Pam ...
HSBC announced its biggest restructuring in a decade this morning, splitting itself into four divisions, combining some of ...
HSBC Holdings Plc, which was founded by a Scotsman more than 150-years ago, named Pam Kaur the first female chief financial ...
HSBC Holdings Plc warned it will likely cut senior manager jobs as the lender embarks on one of its biggest restructuring.
HSBC said Tuesday that it would combine some of its commercial and investment banking operations in a major overhaul under ...
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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