HSBC to unveil $1.5bn savings as restructuring by new CEO kicks in

Read more at Financial Times
-
HSBC sets out scale of cost cuts under chief executive’s restructuring plan
Bank targets $1.5bn cut from annual cost base by next year as it reports $2.3bn fourth-quarter profitFinancial Times - 21h -
Musk gatecrashes OpenAI restructuring
Ongoing operatic rivalry between billionaire and OpenAI chief Sam Altman remains major subtextFinancial Times - Feb. 11 -
Pokemon Developer Unveils New RPG Called Pandoland, Coming Out In April
Game Freak, best known for developing the Pokemon franchise, is working on a new smartphone RPG named Pandoland. The title is slated to arrive in late April, with pre-registration available now on ...GameSpot - Feb. 12 -
Chinese Research Group Unveils New Lithium-Hydrogen Battery System
Yahoo News - 2d -
UnitedHealthcare CEO shooting suspect thanks people for mail on new website
The suspect in the ambush killing of UnitedHealthcare CEO Brian Thompson thanked people who have written to him as he is jailed in a New York City detention facility.NBC News - 4d -
USA Swimming turns to Delaware AD Chrissi Rawak as new CEO
USA Swimming’s new CEO and president is University of Delaware athletic director Chrissi RawakABC News - 10h -
New DNC chair kicks off multistate tour as he takes over the party
Ken Martin, the newly installed chair of the Democratic National Committee, is kicking off his first major trip as party leader in an effort for the organization to “get out of D.C.”NBC News - 2d -
New chair kicks off multistate tour in effort to get DNC 'out of DC'
The new chair of the Democratic National Committee (DNC) is kicking off a multistate tour, traveling across the country to meet with state parties and support local candidates as he looks to get ...The Hill - 2d
More from Financial Times
-
Trump calls Zelenskyy a ‘dictator’ as US rift with Ukraine deepens
US president warns Ukrainian leader he ‘better move fast or he is not going to have a country left’Financial Times - 2h -
Russia’s executions of Ukrainian prisoners point to systematic policy
FT documentary investigates rise in cases of Russian soldiers executing Ukrainian POWsFinancial Times - 1h -
Russia’s executions of Ukrainian prisoners point to systematic policy
FT documentary investigates rise in cases of Russian soldiers executing Ukrainian POWsFinancial Times - 1h -
Do not let Great British Railways crush competition
Labour will damage growth and innovation by curbing independent regulation of the rail networkFinancial Times - 1h -
Trump’s freewheeling disruption could extend to the dollar
The president’s conviction that US currency strength gives trading partners an unfair advantage is well knownFinancial Times - 1h
More in Business
-
China is likely to cut its benchmark policy rate next month, economists say, after PBOC keeps LPR steady
The PBOC has in recent months sought to defend the yuan as it faces downward pressure amid threats of higher tariffs.CNBC - 5m -
Who is Friedrich Merz, the favorite to become Germany's new chancellor?
Friedrich Merz, who is poised to become Germany's chancellor in a CDU-led government, has extensive experience as a lawyer and working with major corporations.CNBC - 17m -
Who is Friedrich Merz, the favorite to become Germany's new chancellor?
Friedrich Merz, who is poised to become Germany's chancellor in a CDU-led government, has extensive experience as a lawyer and working with major corporations.CNBC - 17m -
British Business Bank told to refocus lending on priority sectors
Ministers want financial firepower targeted at areas highlighted in industrial strategyFinancial Times - 1h -
Politico’s owner praises JD Vance for ‘inspiring message’
Mathias Döpfner says many Europeans had ‘intentionally misunderstood’ the US vice-president’s speech that caused widespread horrorFinancial Times - 1h