HSBC profits jump as banking giant set for major shakeup
Oct 29, 2024 · HSBC has seen its quarterly profits jump by 10% as the UK-based banking giant embarks on one of the biggest shakeups in its 159-year history. The firm said its pre-tax profits rose to $8.5bn...
News: Latest Articles and Media Releases | HSBC Holdings plc
Oct 3, 2024 · Discover the latest news articles and media releases from HSBC or explore our archive for top news articles from the recent past.
HSBC CEO tells staff senior redundancies inevitable after revamp
Oct 23, 2024 · Some senior HSBC staff should brace for job cuts after the bank's latest restructuring, Chief Executive Georges Elhedery told staff in a memo seen by Reuters on Wednesday.
HSBC embarks on major restructuring, names first female CFO
Oct 22, 2024 · HSBC has unveiled a major overhaul, announcing a new geographic setup, consolidated operations and a new CFO — the lender’s first female finance chief. This is the second heavyweight leadership...
HSBC names first female chief financial officer, unveils a major ...
Oct 22, 2024 · Pam Kaur, 60, takes over as CFO having served as HSBC’s chief risk and compliance officer. Hong Kong/London — HSBC said Tuesday that it would combine some of its commercial and investment...
HSBC splits East and West in major revamp and appoints first …
Oct 22, 2024 · 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...
HSBC Kicks Off Biggest Restructuring in Decade Under New CEO
Oct 22, 2024 · 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...
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New CEO clicks HSBC Rubik’s cube into right place | Reuters
Oct 22, 2024 · New boss Georges Elhedery has landed on a logical fix. But if it works too well, there is a risk investors will wonder if HSBC really needs to be so sprawling. Barely seven weeks after getting...
HSBC chief Georges Elhedery unveils sweeping overhaul of lender
Oct 22, 2024 · HSBC has announced a sweeping reorganisation that will redraw its operations between east and west, as new chief executive Georges Elhedery seeks to cut costs and better navigate geopolitical...