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HSBC names 1st female CFO—Pam Kaur gets top finance job
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 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 Kaur was promoted to CFO—the first woman in the role, the bank announced on Tuesday.
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.
48m
HSBC leaves door open for bigger cost cuts, Asia focus as revamp spurs leadership shake-up
Colin Bell, who oversees Europe, and Stephen Moss, who leads the Middle East and North Africa region, will depart on December ...
7h
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 ...
1d
HSBC reorganises to make Hong Kong a 'top strategic priority' in global banking business
HSBC Holdings will reorganise its worldwide operations into four business units and two geographic areas, as one of the world ...
1d
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 ...
18h
HSBC simplifies organizational structure into four businesses
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 ...
5h
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 ...
Reuters on MSN
8h
HSBC's Pam Kaur smashes glass ceiling in major overhaul
LONDON (Reuters) -
HSBC
's history-making new chief financial officer Pam ... "It does beg an obvious question around the ...
1d
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 ...
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