HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest ...
HSBC’s decision to exit the M&A and ECM markets outside Asia is seen as a blow to London’s reputation as a global hub for ...
HSBC announces major cuts to its investment banking operations in the UK, Europe, and Americas, focusing on more profitable ...
Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four ...
HSBC is set to wind down parts of its investment banking operations across the UK, Europe and North America as part of a ...
The move is projected to result in about 400 redundancies as CEO Georges Elhedery intensifies cost-cutting measures in Europe. According to the source, the employees who are at risk of layoffs ...
Georges Elhedery has overseen a significant shake-up of the London-based firm since taking over as chief executive last September.
HSBC is set to wind down parts of its investment banking operations across the UK, Europe and North America as part of a ...
HSBC told Sifted it wouldn't comment on the number of employees affected. The move follows a change of CEO in July last year as Georges Elhedery took over from Noel Quinn. READ MORE: DWP lifts the lid ...
But the unnamed source told Reuters HSBC seemed to lose interest in its new app after Georges Elhedery took over as CEO of HSBC in September. Elhedery, who was previously HSBC's chief financial ...
The move follows a change of CEO in July last year as Georges Elhedery took over from Noel Quinn. Zing’s closure is a stark contrast to fortunes at Wise and Revolut. An HSBC spokesperson said ...