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HSBC RESTRUCTURING
Bengaluru techie says it is better to stay in a big company at a lower salary then a small one with high salaryA Bengaluru techie's advice to prioritize job stability at large firms over lucrative offers from smaller companies has sparked debate. Cit...- Standard Chartered plans to cut thousands of jobs in AI pushStandard Chartered on Tuesday raised its profitability target, aiming for a return on tangible equity of more than 15% by 2028 and about 18...
- HSBC appoints Brendan Nelson as new chairman to replace Mark TuckerHSBC Holdings has appointed Brendan Nelson as its new chairman. Nelson takes over from Mark Tucker, who has returned to AIA Group. Nelson p...
- HSBC cuts dozens of analyst jobs in investment banking overhaulHSBC Holdings Plc is undergoing a significant restructuring of its investment banking operations, leading to the dismissal of over two doze...
- HSBC targets $1.5 bn in annual cost savings after revampBanking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup w...
- HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs, source saysHSBC has cut around 40 investment banking jobs in Hong Kong as part of a global cost-cutting restructuring. The layoffs began just ahead of...
- HSBC managers are competing to keep their jobs in CEO’s revampHSBC Holdings Plc has initiated a major restructuring within its corporate and institutional banking division, requiring hundreds of manage...
- Who is Pam Kaur, HSBC’s first female CFO in 160 years and a graduate of Panjab University?Pam Kaur has been appointed as the new CFO of HSBC, making her the first female to hold this role. She was previously HSBC’s chief risk and...
- HSBC to cut up to 300 jobs in UK commercial banking overhaul: SourcesEurope's biggest bank in June resumed plans to cut around 35,000 jobs it had put on ice after the coronavirus outbreak, as Europe's biggest...
- Buy Cipla, target Rs 570: HSBCHSBC expects earnings led recovery largely in the second half of FY17.
- Hold Tata Steel, target Rs 290: HSBCAll eyes are now on Europe restructuring. HSBC further added that they need to see whether buyer of UK strip business will take on pension ...
- HSBC restructuring its consumer banking business in IndiaHongKong Shanghai Banking Corp is restructuring the consumer banking and wealth management business of its India operations, a top executiv...
- HSBC India looking for talent in retail, commercial bankingHSBC is currently investing significantly in India as a growth market and at the moment looking for talent for hiring across verticals and ...
- After exiting Axis Bank and Yes Bank, HSBC to sell stakes in Karnataka Bank and Federal BankBritish banking major HSBC may sell stakes in two Indian lenders, Karnataka Bank and Federal Bank to free up capital to meet the stringent ...
- HSBC reiterates underweight rating on Suzlon EnergyHSBC has reiterated its 'Underweight' rating on Suzlon Energy and cut the target price to Rs 10 from Rs 20.
- We want banking sector opened up faster: HSBC CEO, Stuart GulliverThe issue in EU is not about Greece, it's risk and contagion spreading to countries like Italy, which is the world's eighth largest economy.
- HSBC announces global restructuring, to focus on high growth marketsRising staff costs is a key issue keeping bosses at HSBC awake - but good news is that the new global CEO is committed to paying what it ta...
- HSBC to rejig lending for SME amid bad loansHSBC plans to restructure its lending for SME it looks to make the division profitable amid worries of bad loans, said people aware of the ...
- HSBC lays off 193 staff in IndiaHSBC decided to cut jobs in consumer assets biz after it reviewed the portfolio in the backdrop of the prevailing economic conditions. Sala...
- HSBC to shut down US subprime unitHSBC Holdings will close its US subprime mortgage unit because the business is no longer sustainable.
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