Hsbc Revamps - QuikReader

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.

Business - The Wall Street Journal - October 22

Citi revamps pay for wealth bankers

More bonuses will go to those who move client assets into investments, and less to those who sell new loans

Business - Financial Times - 23 hours ago

Is M.L.B.’s Revamped Playoff Format Fair?

Frequent upsets have prompted questions about the 12-team tournament.

Sports - The New York Times - October 14

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 ...

Politics - The Hill - October 15

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 Ukraine

World - Financial Times - October 22

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 business

Business - Financial Times - October 22

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, ...

World - The Guardian - October 22

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.

Business - The New York Times - October 22

HSBC’s overhaul: dramatic, prosaic or prey to geopolitics?

The answer may depend on the likes of Xi Jinping and Donald Trump

Business - Financial Times - October 28

HSBC’s investors should not bank on its latest overhaul

Grand global restructuring announcements have been all too familiar from the lender over the past decade

Business - Financial Times - October 29

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 scenarios

Sports - CBS Sports - October 15

Indonesia's $30 Billion Free Lunch Plan Hinges on Big Tax Revamp

World - Yahoo News - October 16

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 deficit

World - ABC News - October 18

Malaysia Minister Braces for Backlash Over Fuel Subsidy Revamp

World - Yahoo News - October 20

Singapore Airlines will add first class, revamp cabins for longest flights

Singapore Airlines will add a first class to its ultra-long-range aircraft and increase the number of business class seats in race for high-spending travelers.

Business - CNBC - 4 days ago

5 ways Trump’s return could revamp the global order

For the past year, allies and adversaries alike have cautiously tried to position themselves on the right side of former President Trump in case he returned to the White House in 2025, through ...

Politics - The Hill - Yesterday

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.

Business - CNBC - October 22

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 push

World - Financial Times - October 22

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.

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 said

Business - MarketWatch - October 22

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 direction

Business - Financial Times - October 22

FirstFT: Shares in McDonald’s plunge on links to E. coli outbreak

Also in today’s newsletter, Israel claims Nasrallah’s heir killed and Starbucks scraps financial guidance

World - Financial Times - October 23

HSBC east-west overhaul reignites break-up debate

Top 20 shareholder calls for bank to consider total split

Business - Financial Times - October 23

HSBC Hong Kong joins China’s alternative to Swift global payments system

Direct participation in Cips system will mean faster settlements and help internationalise use of renminbi

Business - Financial Times - October 24

HSBC chief says east-west division will not lead to ‘any split’

Georges Elhedery embarks on sweeping overhaul of lender as part of cost-cutting drive

Business - Financial Times - October 29

HSBC shares surge on another $3 billion buyback plan and earnings beat

HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.

Business - MarketWatch - October 29

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.

Sports - ESPN - October 15

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.

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.

Entertainment - Los Angeles Times - October 16

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.

Kering Warns on Profit After Sales Slump Due to Gucci Revamp, Asia Woes

The French luxury group posted third-quarter revenue below analysts’ estimates and said it expects operating profit to nearly halve this year.

Business - The Wall Street Journal - October 23

Pressure on Lopetegui and Steidten as West Ham count cost of botched revamp | Jacob Steinberg

There is plenty of blame to go around in east London as summer signings struggle in a team that lacks identity. Dysfunction at West Ham is nothing new. The frustration, though, is that bringing in ...

World - The Guardian - October 25

HSBC announces fresh $3 billion share buyback as third-quarter earnings beat expectations

Pre-tax profit came in at $8.5 billion, a 10% rise from the $7.7 billion posted a year ago.

Business - CNBC - October 29

Tommy Fleetwood ties course record to grab first-round lead at 2024 Abu Dhabi HSBC Championship

After starting his season with a win in Dubai, Fleetwood eyes another DP World Tour title in the Middle East

Sports - CBS Sports - Yesterday

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