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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 business1 hour 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.2 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 direction2 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.11 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 said4 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.8 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 push8 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.9 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, ...9 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 Ukraine12 hours ago -
World - The Guardian
David Squires on … the A-League embarking on a 20th season of glorious chaos
Our cartoonist looks at the exciting newcomers and old rivalries set to light up the unpredictable men’s competition in 2024-25 Continue reading...5 days ago -