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HSBC reportedly asks middle managers to reapply for jobs
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 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 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.
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.
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3h
HSBC to Lay Off Hundreds of Top Bankers to Achieve Cost Efficiency
HSBC Holdings PLC HSBC plans to reduce its workforce by removing hundreds of top bankers to lower costs as part of its ...
19h
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 ...
12d
HSBC can stand strong in a fragmenting world
When HSBC ,opened its doors in Hong Kong and Shanghai in 1865, Chinese trade flows were just bubbling up again after the ...
14h
HSBC sees Sensex at 90,520 by end of 2025, a potential upside of 15%
The note says that while India's growth is stabilizing at a lower level, though still favourable, the earnings per share (EPS ...
2h
QuantumScape upgraded to Hold from Reduce at HSBC
HSBC upgraded QuantumScape (QS) to Hold from Reduce with a $5.30 price target Don't Miss our Black Friday Offers:Discover the latest stocks ...
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Axis Bank And KIMS: Two Indian Stocks In HSBC's Asia Picks For 2025
HSBC's analysts believe KIMS and Axis Bank are well-positioned to capitalise on evolving opportunities in India ...
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