Ambereen Choudhury

HSBC Holdings Plc’s new chief executive officer just unveiled the biggest overhaul of the company in at least a decade, but it was missing some key details for employees and investors.

HSBC Holdings Plc warned it will likely cut senior manager jobs as the lender embarks on one of its biggest restructuring.

HSBC's new CEO just unveiled the biggest overhaul of the company in at least a decade, but it was missing some key details for employees and investors.

(Bloomberg) -- HSBC Holdings Plc announced a fresh multibillion-dollar stock buyback as it reported better-than-estimated earnings days after unveiling a major restructuring of its business.

The London-headquartered bank agreed to sell its South African corporate branch unit to FirstRand last month. By Harry Wilson and Ambereen Choudhury, Bloomberg

HSBC Holdings Plc anunció una nueva recompra de acciones por miles de millones de dólares al presentar ganancias mejores de lo previsto, días después de revelar una importante restructuración de sus negocios.

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 Holdings Plc ha pedido a cientos de directivos que vuelvan a solicitar trabajo en la recién creada división de banca corporativa e institucional de la empresa. La orden forma parte de los planes del director ejecutivo Georges Elhedery para que el banco funcione de forma más eficiente.

DBS Group Holdings Ltd. has beefed up its wealth management team to cater to rich Russians at a time when many global rivals are staying away from the business amid concerns over widening sanction risks.

Während die meisten Banken aufgrund der zunehmenden Sanktionsrisiken einen Bogen um russische Kunden machen, stockt die größte Bank Singapurs ihr russischsprachiges Team für das Wealth Management auf.