HSBC Holdings plc Sponsored ADR (HSBC)
HSBC's first female CFO in 160 years: who is Pam Kaur?
HSBC has named Pam Kaur as its new Chief Financial Officer (CFO), marking a historic first in the bank's 160-year history. Kaur's appointment follows the leadership reshuffle that saw Georges Elhedery take over as CEO earlier this year.
HSBC reorganises into four divisions, appoints new CFO
HSBC Holdings PLC (LSE:HSBA) has reorganised its organisational structure into four businesses, slimmed down its group executive committee and appointed a new chief financial officer. Europe's largest bank said it will now operate through four businesses: Hong Kong, UK, corporate & institutional banking, and international wealth & premier banking.
HSBC names Pam Kaur as first female CFO amid major restructuring
HSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and announced a consolidation of the bank into four business units. Aaron P | Bauer-Griffin | GC Images | Getty Images HSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and announced a consolidation of the bank into four business units.
HSBC appoints Pam Kaur as first female CFO
HSBC Holdings , on Tuesday named insider Pam Kaur as its first female chief financial officer, filling a role left vacant following Georges Elhedery's elevation as CEO earlier this year.
Earnings expectations are way too low and markets will swing higher, says HSBC's Max Kettner
Max Kettner, HSBC chief multi-asset strategist, joins 'Money Movers' to discuss the strategist's thoughts on equity performance ahead of the election, what could go wrong in today's economic environment, and much more.
HSBC: Indonesia can meet 3% fiscal target despite new government's proposed policies
Pranjul Bhandari of HSBC says the next Indonesian administration under Prabowo Subianto can stay fiscally prudent if it repurposes budget channels.
HSBC Shares Up 17% Since Canada Divestiture, Focus Shifts Toward Asia (Revised)
HSBC shares have surged 17% since selling its Canadian business to RBC for C$13.5B. The deal aligns with HSBC's strategy to focus on Asia while boosting investor returns.
Exclusive: HSBC probes China Pinnacle wealth business on costs and control, say sources
HSBC Holdings Plc is reviewing expenses and operational controls at its China digital wealth business Pinnacle, in a move that could result in layoffs and mark an abrupt reversal of the lender's ambition for the unit, several sources said.
HSBC appeals decision reinstating female banker's discrimination claim
HSBC on Thursday appealed a tribunal's decision to reinstate a female, senior investment banker's lawsuit that alleges the bank victimised and discriminated against her when it did not hire her for a senior sales position in 2018.
HSBC Plans to Expand Private Wealth Management Business in Canada
HSBC aims to double its private client business in Canada as the Canadian private wealth management market offers an attractive opportunity for the company.
HSBC Cutting Top Managers in $300 Million Savings Plan
Management ranks at banking giant HSBC could soon begin to thin. The Financial Times (FT) reported Thursday (Oct. 10) that sources familiar with the matter say new CEO Georges Elhedery plans to restructure HSBC's senior banker level as part of a plan to save up to $300 million.
HSBC to trim layer of senior management by merger of banking divisions
HSBC Holdings PLC (LSE:HSBA) is reportedly close to axing some of its most highly paid senior bankers to try and cut up to $300 million of costs. After taking over as chief executive last month, Georges Elhedery is working on a merger of the lender's commercial banking division and its global banking and markets unit, the Financial Times reported today.
