News: Latest Articles and Media Releases | HSBC Holdings plc
Dec 5, 2024 · Discover the latest news articles and media releases from HSBC or explore our archive for top news articles from the recent past.
HSBC announces completion of next stage of global reorganisation
Dec 5, 2024 · HSBC announces the completion of the next stage of its plans to simplify the Bank’s organisational structure to accelerate the delivery of its strategy. The changes will see HSBC create a simpler, more dynamic, agile organisation by operating through four key businesses.
HSBC profits jump as banking giant set for major shakeup
Oct 29, 2024 · HSBC has seen its quarterly profits jump by 10% as the UK-based banking giant embarks on one of the biggest shakeups in its 159-year history. The firm said its pre-tax profits rose to $8.5bn...
More HSBC senior managers to go as CEO continues overhaul
Dec 5, 2024 · HSBC announced a raft of senior management departures and appointments on Thursday, as CEO Georges Elhedery completed the first phase of a sweeping overhaul aimed at streamlining costs and...
HSBC splits bank between East and West in major overhaul
Oct 22, 2024 · HSBC's new boss has announced a major overhaul of the bank's structure, splitting geographically into eastern and western markets amid increasing geopolitical tensions and a need to cut costs.
HSBC Warns of Bonus Cuts as Cost of Restructuring Looms - Bloomberg.com
Jan 16, 2025 · HSBC Holdings Plc is set to buck an industrywide trend of higher banker bonuses as it gears up for a multibillion-dollar cost reduction from an ongoing restructuring. ... news and insight around ...
What triggered Noel Quinn’s shock exit from HSBC - Financial Times
May 1, 2024 · At a Windsor retreat for senior HSBC employees in early December, chief executive Noel Quinn made it clear he had no intention to leave the bank, three people who attended told the Financial...
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HSBC chief Georges Elhedery unveils sweeping overhaul of lender
Oct 22, 2024 · HSBC has announced a sweeping reorganisation that will redraw its operations between east and west, as new chief executive Georges Elhedery seeks to cut costs and better navigate geopolitical...
HSBC Kicks Off Biggest Restructuring in Decade Under New CEO
Oct 22, 2024 · HSBC Holdings Plc unveiled a broad restructuring across different business lines and geographies as newly appointed Chief Executive Officer Georges Elhedery embarks on an ambitious effort to cut...
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