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HSBC has reportedly asked some managers to reapply for their jobs as part of a cost-cutting restructure. Bloomberg reported Monday that hundreds of senior staff will likely lose their jobs.
HSBC has said it will cut senior banker roles over the coming months in a bid to reduce costs after revealing a nearly 10% jump in profits. Chief executive Georges Elhedery said the banking giant ...
The UK headquarters of HSBC is located at One Centenary Square in Birmingham. HSBC UK Bank plc is one of the four major clearing banks in the United Kingdom. The business ranges from the traditional high street roles of personal finance and commercial banking, to private banking, consumer finance as well as corporate and investment banking ...
HSBC Holdings plc (Chinese: 滙豐; initialism from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint.
This came as a surprise after HSBC sold its branch network in Upstate New York in 2012 to First Niagara, KeyBank, Community Bank, N.A. and Five Star Bank. In January 2019, HSBC announced it would open two new branches in Western New York, as part of the bank’s initiative to open 50 branches in new and existing markets in the United States.
The banking giant provided incorrect data or failed to provide required information on more than 50 different occasions over the past five years.
Following his stint at P&G and a short stay at Dixons, Garner joined HSBC in 2004. He was appointed Head of UK Retail Bank on 1 December 2010 as Group General Manager and deputy head of HSBC UK, replacing Paul Thurston. He is credited with putting in place the firms approach to Treating Customers Fairly. [5] He left at the end of October 2012. [6]
Noel Paul Quinn (born 13 January 1962) is a British banking businessman who has been the chief executive (CEO) of HSBC since March 2020, having succeeded John Flint. [3] He initially assumed the role on an interim basis in August 2019.