SYDNEY/HONG KONG: HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and initiated...
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HSBC’s headcount fell 3 per cent last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and initiated sweeping restructuring of the Asia-focused lender, showed its 2024 financial report issued on Wednesday. The bank’s bonus cash pool reached $3.80 billion in 2024 versus $3.77 billion a year earlier, […]
SYDNEY/HONG KONG: HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and initiated...
HSBC Holdings Plc will incur $1.8 billion in costs over the next two years as it embarks on a global restructuring program that has seen the lender...
HSBC on Wednesday said it aims to save $1.8 billion in costs by the end of next year, as its new CEO revamps the bank to boost profit while navigating...
HSBC targets $1.5 billion savings, restructuring focus on Asia.
Investors in HSBC (HSBA.L) are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s deregulatory...
Rental costs across Canada declined 4.4 per cent in January compared to 2024. Photo Credit: Pexels. The average one-bedroom rent in St. Catharines...
SK Telecom highlighted its significant investment in AI initiatives and the arrangement of major partnerships supported nearly 20 per cent growth in...
Australia’s biggest business lender surrendered as much as 8.5 per cent on Wednesday, extending its value losses over the past week to $15 billion,...
HSBC agrees to offload its retail banking operations in Bahrain, excluding its corporate and private banking businesses, amid an ongoing...
Walmart’s stock fell more than 4 per cent after the company projected fiscal year sales growth between 3 per cent and 4 per cent.