Ambereen Choudhury
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HSBC Mulls Merging Commercial, Investment Bank To Cut Costs
The combined division would become the bank’s largest revenue generator, contributing about $40 billion a year to HSBC’s coffers and leapfrogging its wealth and personal banking business.
- Monday September 9, 2024
- Author: Harry Wilson, Ambereen Choudhury, Denise Wee
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HSBC Curbs Hiring, Reins In Banker Travel In Cost-Cutting Push
HSBC Holdings Plc is slowing down hiring and asking investment bankers to rein in their travel and entertainment expenses as outgoing Chief Executive Officer Noel Quinn looks to curb costs at Europe’s largest lender.
- Tuesday July 2, 2024
- Author: Ambereen Choudhury, Manuel Baigorri, Harry Wilson
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HSBC Curbs Hiring, Reins In Banker Travel In Cost-Cutting Push
HSBC Holdings Plc is slowing down hiring and asking investment bankers to rein in their travel and entertainment expenses as outgoing Chief Executive Officer Noel Quinn looks to curb costs at Europe’s largest lender.
- Tuesday July 2, 2024
- Author: Ambereen Choudhury, Manuel Baigorri, Harry Wilson
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HSBC CEO Quinn Unexpectedly Steps Down After Almost Five Years
Noel Quinn's exit comes as HSBC navigates the rapid deterioration of US-China ties, undermining the company’s yearslong push to expand there.
- Tuesday April 30, 2024
- Author: Harry Wilson, Ambereen Choudhury
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HSBC’s Quinn Targets Lifting Wealth Business In China, India
HSBC returned to India last year, while also expanding its presence in other parts of Asia as well as the Middle East.
- Thursday April 11, 2024
- Author: Adam Haigh, Ambereen Choudhury
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HSBC’s Quinn Targets Lifting Wealth Business In China, India
HSBC returned to India last year, while also expanding its presence in other parts of Asia as well as the Middle East.
- Thursday April 11, 2024
- Author: Adam Haigh, Ambereen Choudhury
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McKinsey Begins Hundreds Of Job Cuts With Client Demand Muted
McKinsey & Co. is beginning to eliminate roughly 360 jobs as the consulting giant deals with a slowdown in demand for its services.
- Wednesday April 10, 2024
- Author: Ambereen Choudhury, Irina Anghel
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McKinsey Begins Hundreds Of Job Cuts With Client Demand Muted
McKinsey & Co. is beginning to eliminate roughly 360 jobs as the consulting giant deals with a slowdown in demand for its services.
- Wednesday April 10, 2024
- Author: Ambereen Choudhury, Irina Anghel
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HSBC’s Profit Sinks On $3 Billion Charge At Chinese Bank
Pretax profit fell to $1 billion in the final three months of last year from $5.05 billion in the year-earlier period
- Wednesday February 21, 2024
- Author: Harry Wilson, Ambereen Choudhury
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HSBC’s Profit Sinks On $3 Billion Charge At Chinese Bank
Pretax profit fell to $1 billion in the final three months of last year from $5.05 billion in the year-earlier period
- Wednesday February 21, 2024
- Author: Harry Wilson, Ambereen Choudhury
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HSBC CEO Noel Quinn Braces For Tough Times After A Strong 2023
After riding the tide of rising interest rates over the past 18 months like many of its peers, HSBC is bracing for headwinds in 2024.
- Monday February 19, 2024
- Author: Ambereen Choudhury, Harry Wilson
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HSBC CEO Noel Quinn Braces For Tough Times After A Strong 2023
After riding the tide of rising interest rates over the past 18 months like many of its peers, HSBC is bracing for headwinds in 2024.
- Monday February 19, 2024
- Author: Ambereen Choudhury, Harry Wilson
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StanChart Weighs Break Up of Corporate, Investment Bank
The London-listed bank’s returns have suffered in recent years as it was forced to set aside more in reserves for souring loans tied to Chinese commercial real estate.
- Thursday February 15, 2024
- Author: Vinicy Chan, Ambereen Choudhury, Harry Wilson
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StanChart Weighs Break Up of Corporate, Investment Bank
The London-listed bank’s returns have suffered in recent years as it was forced to set aside more in reserves for souring loans tied to Chinese commercial real estate.
- Thursday February 15, 2024
- Author: Vinicy Chan, Ambereen Choudhury, Harry Wilson
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Citigroup Weighs Cutting 10% Of Wealth Employees In London
Citigroup Inc. is weighing a move to cut 51 roles across its wealth business in London as the division’s new chief looks for ways to boost the returns generated by the unit.
- Friday February 9, 2024
- Author: Ambereen Choudhury