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HSBC REVAMP
HSBC names Asia country, banking heads in CEO’s major revampHSBC Holdings Plc has assigned additional roles to country heads in smaller Asian markets to streamline operations and cut management layer...26 Feb, 2025, 11.49 AM IST- 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...19 Feb, 2025, 10.50 AM IST
- 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...18 Feb, 2025, 10.28 AM IST
- 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...18 Nov, 2024, 02.53 PM IST
- Is Pam Kaur's 'Power of Chi' enough to transform HSBC amidst geopolitical tensions?Pam Kaur's appointment as HSBC's first female CFO in its 160-year history marks a significant milestone. With a rich background in risk and...23 Oct, 2024, 05.15 PM IST
- HSBC reshapes investment banking to look more like rivalsHSBC Holdings Plc is restructuring its investment bank to align more closely with competitors like Citigroup Inc. The revamp involves conso...10 Jul, 2024, 05.35 PM IST
- HSBC's top ranks house likely successor to CEO QuinnHSBC prepares for a new CEO as Noel Quinn retires. Mark Tucker oversees succession. Internal and external candidates considered. Women lead...30 Apr, 2024, 04.21 PM IST
- Citigroup to sell China consumer wealth business to HSBCCitigroup has agreed to sell its China consumer wealth portfolio, including clients, assets under management, and deposits, to HSBC. The de...09 Oct, 2023, 09.44 AM IST
- Barclays names new CEO, COO in reshuffle of key India marketAmong Barclays’ global units, India ranked fourth by revenue last year, trailing only the UK, US and Ireland. The firm’s turnover in India ...18 Aug, 2023, 02.41 PM IST
- Michael Pompeo blasts HSBC for 'corporate kowtows' over Hong KongUS Secretary of State Michael Pompeo criticised HSBC Holdings for backing China’s move to impose national security legislation in Hong Kong...10 Jun, 2020, 11.45 PM IST
- HSBC set to nominate AIA's Mark Tucker as next chairman: SourcesA spokeswoman for the bank, Heidi Ashley, said HSBC will nominate a chairman this year, as announced at its annual meeting.13 Mar, 2017, 01.23 AM IST
- EPFO taps LIC to understand stock market investmentsEPFO has also held discussions with the capital markets regulator Sebi in connection with the proposed investment.07 Jun, 2015, 12.01 PM IST
- No more credit funds to women self-help groups, will skill them and lend directly: GovernmentWomen and child development minister Maneka Gandhi said the idea was humiliating to women and is "the best way to end up in bad debt."11 Dec, 2014, 09.23 AM IST
- Markets want investment fix from new government: Jitendra SriramInvestment fix is the one thing that India needs immediately because it is related to all other issues like weak job creation.27 May, 2014, 10.32 AM IST
- 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...30 Oct, 2012, 04.49 PM IST
- HSBC posts $22-bn profit, largest by a western bankThe bank, with 89 million customers in 85 countries, said pretax profit in 2011 rose 15% to $21.9 billion.28 Feb, 2012, 04.21 AM IST
- IIM-A may rejig norms for perfect 'placement'The Indian Institute of Management, Ahmedabad (IIM-A), will revamp its campus placement process as it seeks to trade headline-hogging salar...21 Dec, 2009, 02.26 AM IST
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