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STUART GULLIVER
Taking stock: Here's why Bill Cosby & Floyd Mayweather's worth went down this weekA round-up of those whose worth went up or down today: Jeff Bezos (Up), Stuart Gulliver (Down), Bill Cosby (Down) and Floyd Mayweather (Dow...- Global job cut to have minimum impact on India: HSBCBritish lender HSBC announced a mega plan to improve performance by culling up to 25,000 jobs globally, but said India won't be impacted mu...
- HSBC lowers equity return target, to shrink asset base by $290 billion, cut 50,000 jobsThe announcement comes ahead of a presentation to investors and analysts by Chief Executive Stuart Gulliver.
- HSBC Bank gets income tax notice, fears hit on profitabilityEarnings plunged 17% to $18.7 bn for the year ended Dec 2014 on account of the fines, settlements, UK customer redress and associated provi...
- HSBC CEO also had a Swiss account; pay frozen after cut in 2014At the centre of a controversy over himself having a Swiss bank account, UK-based HSBC's CEO Stuart Gulliver will not get any salary hike t...
- India revenue up; border tension with Pakistan key risk, says HSBCThe bank said the economic recovery in India remained constrained last year, although a new govt with a strong mandate boosted market senti...
- Ratan Tata to be on board of Interpol FoundationThe initiatives are two of the five global initiatives backed by Interpol and aimed at combating organised crime and terrorist activities, ...
- HSBC fears US anti-money laundering penalty may top $1.5 billionHSBC said it's likely to face criminal charges from US anti-money laundering probes and the cost of a settlement may "significantly" exceed...
- HSBC to scale back Islamic banking operationsThe bank will focus its Islamic finance business on customers in Malaysia & Saudi Arabia and keep a limited presence in Indonesia.
- HSBC to sell general insurance business in four countriesGlobal financial services giant HSBC Holdings Plc today said it will sell its general insurance businesses in Hong Kong, Singapore, Mexico ...
- 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.
- HSBC may cut 1200 jobs in its Indian consumer banking unitJob cuts are likely to affect a range of functions and are likely to be carried out in a phased manner, people familiar with the banks plan...
- HSBC rules out job cuts, says difficulty in filling vacanciesEven after reporting a surprise 5% rise in first-half pretax profit of $11.5 billion yesterday, HSBC had said it would shed 30,000 jobs
- HSBC to axe 10,000 people outside UK: ReportHSBC, headquartered in London, will reportedly remove at least 10,000 people from their jobs, a TV news channel said on Sunday.
- HSBC plans to focus on India and China: Stuart Gulliver, CEO, HSBCCEO Stuart Gulliver keen on India despite inflationary pressures, ready to pay top dollar to retain talent.
- 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 rebuffs talk of London exitHSBC insisted that it would prefer to remain headquartered in the British capital, while highlighting investor concerns about the continued...
- HSBC India pre-tax profits climb 84 pcHSBC announced that its pre-tax profits were up by 36% globally, and that it was profitable in every consumer group as personal financial s...
- HSBC profits more than double to $13.16 bnMarket expectations, however, had been for total net earnings of $14.02 billion, according to Dow Jones Newswires, with the shares sufferin...
- HSBC chief executive to quit in major shake-up: reportsHSBC chief executive Michael Geoghegan is to step down at the end of the year as part of a major shake-up of the bank's top management, rep...
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