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HSBC splits bank between East and West
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 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 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
2h
HSBC CEO tells staff senior redundancies inevitable after revamp
Some senior HSBC staff should brace for job cuts after the bank's latest restructuring, Chief Executive Georges Elhedery told ...
1h
on MSN
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 ...
17h
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, ...
1d
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 ...
Global Trade Review (GTR)
23h
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 ...
56m
on MSN
Hong Kong stocks ride 2-day wave on earnings optimism, stabilisation-fund proposal
Investors are gearing up for results from 22 Hang Seng Index constituents through the end of the month, including HSBC, BYD ...
4h
HSBC Holdings (HSBA) Receives a Buy from Citi
Citi analyst Andrew Coombs maintained a Buy rating on HSBC Holdings (HSBA – Research Report) today and set a price target of £8.20. The ...
devdiscourse
1h
HSBC's Strategic Overhaul: Job Cuts and Geographic Realignment
HSBC prepares for job cuts amid significant restructuring as CEO Georges Elhedery merges operations and reorganizes the ...
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