HSBC bankers told to reapply for jobs with hundreds facing the axe in major overhaul
Boss Georges Elhedery (pictured) is splitting the firm into four divisions: Hong Kong; UK; corporate and institutional banking; and international wealth and premier banking.
HSBC asks hundreds of managers to reapply for jobs in bank revamp, sources say
Bank will start to lay off several hundred managing directors and other senior bankers in coming weeks, sources say. Read more at straitstimes.com.
HSBC asks managers to reapply for jobs in global cost-cutting drive
HSBC is forcing managers in its newly formed corporate and institutional banking arm to reapply for their jobs, according to reports.
HSBC Revamp Forces Managers to Reapply for Jobs, Sparks Internal Competition
HSBC Holdings is requiring managers to reapply for their jobs within the newly established corporate and institutional banking division.
HSBC to sack hundreds of managers in shake-up - report
HSBC Holdings has reportedly asked hundreds of managers to reapply for jobs in the firm’s newly-formed corporate and institutional banking division as chief executive Georges Elhedery continues his hunt for ways to make the bank run more efficiently.
HSBC reportedly asks middle managers to reapply for jobs as layoffs loom
The London-headquartered, Asia-focused bank is embarking on a major restructuring under its new CEO that will slash the number of senior roles.
HSBC Managers Are Competing to Keep Their Jobs in CEO's Revamp
HSBC Holdings Plc has asked hundreds of managers to reapply for jobs in the firm’s newly formed corporate and institutional banking division as Chief Executive Officer Georges Elhedery continues his hunt for ways to make the bank run more efficiently.
Asia to drive global growth as ‘China plus one’ pivot gains momentum amid Trump’s return
Diverting investments from China to neighbouring economies as a hedge against tariffs and geopolitical risks will boost ...
Money blog: Sharper than expected rise in inflation deals fresh blow to interest rate cut hopes
Inflation rose sharply to 2.3% in October. Much of the increase came from the 9.5% rise in the energy price cap. Read this ...
HSBC relaunches 'Premier' brand in UK in pursuit of wealthy customers
HSBC is relaunching its 'Premier' wealth banking brand in Britain, targeting so-called mass affluent customers who have ...
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HSBC Elhedery Predicts HK to Become Largest Offshore Center by 2028
CEO Georges Elhedery said at the Global Financial Leaders' Investment Summit that China's wealth growth is among the fastest ...
HSBC to open London ‘wealth centre’ in effort to draw in premier clients
The 8,000 sq ft wealth centre, which is due to open by summer 2025, will give premier clients access to a front-of-house concierge team, catering services and a barista coffee bar, alongside 12 ...
HSBC managers asked to reapply for newly formed CIB division, Bloomberg says
HSBC (HSBC) is urging hundreds of managers to reapply for positions in the firm’s newly formed corporate and institutional banking division as ...