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HSBC global sales head Allegra Berman leaving the bank, memo says
Allegra Berman, global head of institutional sales at HSBC, is leaving the bank at the end of September, according to an internal memo seen by Reuters on Tuesday.
HSBC new CEO Elhedery 'committed' to build on current strategy
HSBC's new chief executive Georges Elhedery, who took the helm at the Europe's largest lender on Monday, said he was committed to build on the bank's current strategy, according to an internal staff memo.
Natwest and HSBC stand out in good UK bank sector, says Citi
UK banks are still in favour with UK bank Citi after the latest chunk of Bank of England mortgage data. Indeed, the only negative Citi can find is an uptick in the deposit-mix shift, but even here there is lower than last year it says and deposit activity overall is stable.
HSBC's Next CEO Plans to Trim Middle Management to Save Costs
HSBC's incoming CEO plans to trim middle management jobs to streamline operations,, improve efficiency and reduce costs.
HSBC shakes-up senior managers ahead of new boss starting
HSBC Holdings PLC (LSE:HSBA) has confirmed changes to its senior and middle management as new chief executive Georges Elhedery takes over Elhedery replaces Noel Quinn on 2 September and, ahead of that, HSBC has shuffled several people in his management team. Barry O'Byrne, currently global commercial banking chief is to become chief of global wealth and personal banking with Nuno Matos stepping down for another role in the group.
HSBC wealth CEO Matos steps down as bank unveils major executive shake-up
HSBC's CEO of Wealth and Personal Banking, Nuno Matos, is resigning to pursue other opportunities, the Asia-focused bank said on Thursday as it unveiled a significant shake-up in its leadership team on the eve of Georges Elhedery starting as CEO.
HSBC's new boss eyeing middle management cull - report
HSBC Holdings PLC's (LSE:HSBA) new chief executive Georges Elhedery mulling a cull of middle management, according to a report. Under threat are several heads of country plus executives that report to Elhedery, Bloomberg reported.
HSBC share price: 7% dividend yield and new CEO are catalysts
HSBC (LON: HSBA) share price continued its slow recovery this week as investors focused on the upcoming management changes at the biggest bank in Europe. The stock jumped to a high of 665p on Tuesday, its highest point since August 1.
Goldman Sachs, HSBC & Others to Pay $20M Over Metal Trading Probe
Goldman, HSBC, BASF and ICBC Standard Bank agreed to pay $20 million to settle the long-standing platinum price-fixing antitrust lawsuit.
HSBC: This is the 'most striking data point' that highlights China's growth challenges
Cheuk Wan Fan, HSBC's Chief Investment Officer for Asia, discuss the headwinds facing China's economy and explains her neutral positioning in China and Hong Kong markets.
HSBC: More interest rate hikes imminent in Japan
Frederic Neumann, chief Asia economist and co-head global research Asia at HSBC, says that more monetary tightening is expected in Japan.
