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HSBC CEO tells staff senior redundancies inevitable
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 staff in a memo seen by Reuters on Wednesday.
HSBC revamp by new CEO Georges Elhedery stumps staffers, investors alike
HSBC Holdings’ new chief executive officer just unveiled the biggest overhaul of the company in at least a decade, but it was missing some key details for employees and investors. Read more at The Business Times.
HSBC Warns It Will Cut Senior Manager Roles in Revamp
HSBC Holdings Plc warned it will likely cut senior manager jobs as the lender embarks on one of its biggest restructuring.
HSBC splits bank between East and West
HSBC: The questions investors want answered on Elhedery’s East-West split
HSBC’s new chief executive has made his play to cut costs and home in on core divisions at Europe’s biggest bank, including splitting its businesses into Eastern and Western camps amid geopolitical tensions.
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,
HSBC to overhaul with bank split into East and West
HSBC has unveiled a significant restructuring of its business, which will see the global bank rearrange itself along geographical lines and under four operational units instead of the current three. The bank is simplifying its global structure,
1d
on MSN
HSBC: The questions investors want answered on Elhedery’s global shake-up
HSBC’s new chief executive has made his play to cut costs and home in on core divisions for the next phase of growth at ...
Fintech Singapore
2h
HSBC to Cut Duplicate Senior Management Roles in Restructuring
HSBC Holdings is preparing to reduce its senior management roles as part of an extensive restructuring effort aimed at ...
1d
New CEO clicks HSBC Rubik’s cube into right place
HSBC , has changed a lot in its almost 160-year history. Yet many of its CEOs have grappled with a familiar question: how to ...
devdiscourse
17h
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 ...
17h
on MSN
HSBC names first female CFO—Pam Kaur gets top finance job as her predecessor ascends to CEO
Kaur joined HSBC in April 2013 and went on to hold several leadership roles, most recently, chief risk and compliance officer ...
1d
on MSN
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 ...
GlobalData on MSN
1d
HSBC puts wealth in the spotlight after huge restructure
HSBC Holdings is set to undergo a massive restructure into four businesses to accelerate delivery against its strategic ...
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