Harry Wilson
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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.
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Jonathan Bloomer, Morgan Stanley International Chair, Dies
Jonathan Bloomer, chairman of Morgan Stanley International and onetime chief executive of Prudential Plc, was confirmed as among the fatalities in the Aug. 19 sinking of a luxury yacht off Italy. He was 70.
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Jonathan Bloomer, Morgan Stanley International Chair, Dies
Jonathan Bloomer, chairman of Morgan Stanley International and onetime chief executive of Prudential Plc, was confirmed as among the fatalities in the Aug. 19 sinking of a luxury yacht off Italy. He was 70.
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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.
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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.
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HSBC CEO Quinn Hit With Ping An Protest Vote At Final AGM
HSBC reported that 16% of the votes cast by investors had gone against Quinn.
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HSBC CEO Quinn Hit With Ping An Protest Vote At Final AGM
HSBC reported that 16% of the votes cast by investors had gone against Quinn.
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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.
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Standard Chartered Announces $1 Billion Buyback As Profit Beats
Reporting fourth-quarter profits that beat analyst estimates, Standard Chartered said it would kick off a fresh $1 billion buyback.
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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
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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
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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.
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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.
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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.
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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.
