HSBC puts bankers on ‘gig economy’ contracts amid scramble to cut costs
HSBC has put some staff on short-term “gig economy” contracts as part of an aggressive cost-cutting drive overseen by its new ...
The Business Times4h
HSBC said to market A$13 billion home loans amid reorganisation
NEW YORK, HONG KONG] HSBC Holdings is assessing investor interest in a portfolio of Australian mortgages as the lender pushes ...
UBS paid chief Sergio Ermotti €15.4m last year
UBS chief executive Sergio Ermotti was paid 14.9 million swiss Francs (€15.4 million) last year, retaining his status as ...
HSBC puts some bankers on short-term retention amid overhaul
HSBC Holdings Plc implements short-term retention agreements for investment bankers as part of major restructuring led by new ...
UBS paid chief Sergio Ermotti $16.8mn last year
UBS chief executive Sergio Ermotti was paid SFr14.9mn ($16.8mn) last year, retaining his status as Europe’s best-paid bank boss, just as remuneration in the financial services sector faces growing ...
HSBC renames ‘eastern’ and ‘western’ businesses months after creating them
The move has fuelled speculation that a sweeping overhaul along east-west lines at the bank was laying the groundwork for a ...
Morningstar11d
HSBC's Equities Trading, Research to Survive Elhedery's Overhaul — Financial News
HSBC's equities trading and research unit in Europe and the Americas won't be shuttered as chief executive Georges Elhedery continues to overhaul the bank. The U.K. lender's stock trading and ...
Banks’ climate climbdowns show limits of stakeholder capitalism
The Net-Zero Banking Alliance — an alliance of lenders nominally committed to fighting climate change — is debating whether ...
HSBC said to place some investment bankers on short-term retention in wake of restructuring
HSBC Holdings (HSBC) is reportedly putting some bankers on short-term retention deals to close out client mandates as certain ...