HSBC profits jump as banking giant set for major shakeup
Oct 29, 2024 · HSBC has seen its quarterly profits jump by 10% as the UK-based banking giant embarks on one of the biggest shakeups in its 159-year history. The firm said its pre-tax profits rose to $8.5bn...
News: Latest Articles and Media Releases | HSBC Holdings plc
Discover the latest news articles and media releases from HSBC or explore our archive for top news articles from the recent past.
HSBC embarks on major restructuring, names first female CFO
Oct 22, 2024 · HSBC has unveiled a major overhaul, announcing a new geographic setup, consolidated operations and a new CFO — the lender’s first female finance chief. This is the second heavyweight leadership...
HSBC names first female chief financial officer, unveils a major ...
Oct 22, 2024 · Pam Kaur, 60, takes over as CFO having served as HSBC’s chief risk and compliance officer. HSBC. Hong Kong/London — HSBC said Tuesday that it would combine some of its commercial and ...
HSBC Kicks Off Biggest Restructuring in Decade Under New CEO
Oct 22, 2024 · HSBC Holdings Plc unveiled a broad restructuring across different business lines and geographies as newly appointed Chief Executive Officer Georges Elhedery embarks on an ambitious effort to cut...
HSBC splits bank between East and West in major overhaul
Oct 22, 2024 · 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.
HSBC chief Georges Elhedery unveils sweeping overhaul of lender
Oct 22, 2024 · HSBC has announced a sweeping reorganisation that will redraw its operations between east and west, as new chief executive Georges Elhedery seeks to cut costs and better navigate geopolitical...
We’re simplifying to accelerate our strategy | HSBC news | HSBC ...
Oct 22, 2024 · We’ve announced that we’re simplifying our Group organisational structure into four businesses to accelerate delivery against our strategic priorities. The changes are designed to make it easier for our colleagues to serve our customers and drive the future success of …
What triggered Noel Quinn’s shock exit from HSBC - Financial Times
May 1, 2024 · At a Windsor retreat for senior HSBC employees in early December, chief executive Noel Quinn made it clear he had no intention to leave the bank, three people who attended told the Financial...
HSBC Posts Higher Quarterly Net Profit, Plans $3 Billion Buyback ...
Oct 29, 2024 · HSBC Holdings reported a rise in third-quarter net profit, thanks to higher fee and trading income, and announced a new share buyback of up to $3 billion. The London-based bank said Tuesday that ...