Latest in Hsbc Shares
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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 driveBusiness - 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 -
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 -
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 -
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 UkraineWorld - 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 businessBusiness - 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 TrumpBusiness - 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 decadeBusiness - Financial Times - October 29 -
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 pushWorld - 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.Top stories - BBC News - October 22 -
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 saidBusiness - 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 directionBusiness - 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 guidanceWorld - Financial Times - October 23 -
HSBC east-west overhaul reignites break-up debate
Top 20 shareholder calls for bank to consider total splitBusiness - 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 renminbiBusiness - Financial Times - October 24 -
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 EastSports - CBS Sports - 2 days ago -
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."Business - CNBC - October 17 -
Final Snapchats shared from Argentina
The posts were shared just hours before the singer's death but appear to have been filmed in the days before.Top stories - BBC News - October 17 -
Netflix Shares Rise on Subscriber Growth
The popular streaming platform forecast higher customer sign-up rates for December as its ad-supported service drew new viewers.Business - Inc. - October 18 -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - October 29 -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - October 31 -
WATCH: Trump, Harris prepare for election night
ABC News contributor Cristina Tzintzún Ramirez and former RNC staff member Cassie Smedile talk about the candidates’ campaign strategies.Top stories - ABC News - 3 days ago -
3 states uphold abortion restrictions, 7 others protect abortion access
Measures that would have protected abortion rights at the state level are projected to fail in Florida, Nebraska and South Dakota.Top stories - ABC News - 3 days ago -
Sarah McBride will be the 1st openly trans member of Congress, ABC projects
Delaware State Sen. Sarah McBride has become the first openly transgender person to be elected to Congress, ABC News projects.Top stories - ABC News - 3 days ago -
WATCH: Trump: 'We overcame obstacles that nobody thought possible'
Former Pres. Trump addressed supporters on Election Night: “This was a movement like nobody’s ever seen before, and frankly, I believe this was the greatest political movement of all-time.”Top stories - ABC News - 3 days ago -
Biden congratulates Trump, invites him to meeting at White House
President Joe Biden spoke on the phone with former President Donald Trump on Wednesday and "congratulated him on his victory," the White House said in a statement.Top stories - ABC News - 2 days ago -
WATCH: Chaos ensues after racoon crashes through LaGuardia Airport ceiling
Chaos ensued at the Spirit Airlines counter inside LaGuardia Airport in New York after a raccoon came crashing through a ceiling panel.Top stories - ABC News - Yesterday -
Convicted Jan 6. rioter seeks pardon based on Trump's victory
Moments before a convicted Jan. 6 rioter was sentenced Thursday, he sought a full pardon. He claimed President-elect Donald Trump’s victory vindicated his actions.Top stories - ABC News - Yesterday -
Judge rules Biden's program for undocumented spouses is illegal
On Thursday, Judge J. Campbell Barker ruled in favor of the Republican-led effort to dismantle the Biden administration's programTop stories - ABC News - 23 hours ago -
MIT professors share Nobel Prize in economics
The Nobel Prize in economics was awarded to three Americans Monday. Two of them are MIT professors.Top stories - CBS News - October 14 -
James Gunn Shares First Photo Of Superman's Dog
Superman's dog Krypto has been a Superman Family mainstay since his introduction in 1955. The white shepherd has appeared in numerous television series and films, such as Smallville (though renamed ...Tech - GameSpot - October 15 -
Penguins' Malkin, Crosby share milestone night
Evgeni Malkin became the 48th player in NHL history to score 500 career goals and Sidney Crosby became the 10th player in NHL history with 1,600 regular-season points in a career in Wednesday's win ...Sports - ESPN - October 17