HSBC to Revamp Organizational Structure
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Business - Financial Times
HSBC chief Elhedery unveils sweeping overhaul of lender
Bank plans to separate east from west and split into 4 units to cut costs and simplify its business5 hours ago -
Business - The New York Times
HSBC Announces Restructuring and Names First Female C.F.O.
The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its sprawling operations.6 hours ago -
Business - Financial Times
HSBC’s new CEO has only spring cleaned his supertanker
The UK-based global bank’s new structure looks logical, but raises questions about its future direction6 hours ago -
Business - The Wall Street Journal
HSBC to Revamp Organizational Structure
Europe’s largest bank by market value will split off its Hong Kong and U.K. businesses as individual units.14 hours ago -
Business - MarketWatch
HSBC to split U.K. and Hong Kong banking arms into two separate units
HSBC’s overhaul will see the bank split into four separate units under the control of two distinct Eastern and Western markets divisions, new CEO Georges Elhedery said7 hours ago - Hong Kong -
Top stories - BBC News
HSBC splits bank between East and West in major overhaul
Pam Kaur is the first woman in the banking giant's 159-year history to become its chief financial officer.12 hours ago -
World - Financial Times
FirstFT: HSBC overhaul to divide businesses along east-west lines
Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity push12 hours ago -
Business - CNBC
HSBC embarks on major restructuring, names first female CFO
HSBC has unveiled a major overhaul, announcing a new geographic setup, consolidated operations and a new CFO — the lender's first female finance chief.13 hours ago -
World - The Guardian
HSBC divides into four businesses in major overhaul of operations
Chief executive Georges Elhedery also announces east-west split in effort to cut costs and navigate geopolitical tensions. Business live – latest news updates HSBC’s new chief executive, ...13 hours ago -
World - Financial Times
What Germany’s new naval base means for Baltic security
Also in this newsletter: the UK joins the EU in committing to the G7 loan to Ukraine16 hours ago -
Politics - The Hill
Supreme Court turns away challenge to consumer safety agency’s structure
The Supreme Court announced Monday it won’t take up a case that could have delivered another blow to federal agencies. Two conservative groups sought to challenge the structure of the Consumer ...Yesterday -
Top stories - ABC News
First lady Jill Biden unveils revamped White House tour, talks legacy and more
The upgraded tour, now open to the public, includes interactive displays and 3D renderings.Yesterday - Joe Biden -
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World - ABC News
Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit
Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive reforms to narrow the country's fiscal deficit4 days ago -
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Entertainment - Los Angeles Times
Tyra Banks brings her strut (and 'smize') back to revamped Victoria's Secret Fashion Show
Tyra Banks, who retired from the Victoria's Secret Fashion Show runway in 2005, closes out the rebranded lingerie show, which returned after a six-year break.6 days ago -
Sports - ABC News
76ers' Paul George diagnosed with bone bruise but no structural damage after hyperextending knee
The Philadelphia 76ers say forward Paul George has a bone bruise but didn't suffer any structural damage when he hyperextended his left knee during a preseason game6 days ago -
Sports - Yahoo Sports
Paul George has bone bruise in hyperextended knee, no structural damage, per 76ers
The health of Joel Embiid and now Paul George lingers over a 76ers team with high expectations and high anxiety on the cusp of the regular season.October 15 -
Sports - ESPN
A roster revamp and Kawhi-esque rest: How Philly plans to get Embiid to the Finals
After their offseason high-wire act, the 76ers' focus shifts to integrating new stars -- and keeping their MVP healthy.October 15 -
Sports - CBS Sports
The conversation: Have the revamped Warriors put the right pieces around Stephen Curry?
Let's preview of the 2024-25 Golden State Warriors, including their best-case and worst-case scenariosOctober 15 -
Top stories - NBC News
Victoria's Secret looks to revamp the runway with first fashion show since inclusivity rebrand
After a four-year hiatus, the wings, walks and women of the Victoria’s Secret Fashion Show will return Tuesday for the company’s 2024 show in New York City.October 15 -
Politics - The Hill
Trump’s GOP moves to dramatically revamp election rules
Republican allies of former President Trump have embarked on a sweeping effort to restrict voting and purge voter rolls across the country since the 2020 election, something critics fear could ...October 15 - Donald Trump -
Sports - The New York Times
Is M.L.B.’s Revamped Playoff Format Fair?
Frequent upsets have prompted questions about the 12-team tournament.October 14 -
Business - Inc.
It Could Cost OpenAI a Lot to Drop its Nonprofit Structure
Leading AI firm OpenAI is valued at $157 Billion, but turning it into a for-profit company could mean a very expensive, complicated set of legal proceedings.October 14