"The new structure will result in a simpler, more dynamic, and agile organization as we focus on executing against our strategic priorities, which remain unchanged," HSBC's CEO Georges Elhedery said.

HSBC Holdings' leadership changes, restructuring, and macro uncertainties suggest some uncertainty for the future. Read why I ...

Europe’s largest bank by market value will split off its Hong Kong and U.K. businesses as individual units. Billionaire Israel Englander Sells Apple Stock and Buys an Index Fund That Could Soar ...

Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end ...

Investing.com -- London-listed shares in HSBC (LON:HSBA) were little changed on Tuesday as investors parsed through the bank's new plans to carry out a sweeping overhaul of its corporate structure.

HSBC unveiled a revamped structure designed to cut costs, at a time when falling interest rates are likely to eat into income at Europe's biggest bank by assets. Under the [plan laid out Tuesday ...

HSBC Chief Executive Georges Elhedery said his new leadership structure unveiled on Tuesday would "unleash our full potential and drive success into the future".

HSBC has announced a major restructuring under the direction of new chief Georges ... Mr Elhedery, who assumed his role as CEO last month, commented: "The new structure will result in a ...

HSBC has unveiled an overhaul of its global structure as new boss Georges Elhedery looks to reduce costs and focus on the bank’s strongest divisions. All Sections News you can trust since 1754 ...

A view of the HSBC logo on the side of the HSBC building in the financial district of Singapore on March 9, 2016. The bank announced a major restructuring on Tuesday. File Photo by Wallace Woon ...