HSBC Plans Fresh Layoffs in Investment Bank as Overhaul Picks Up Pace — Financial News
In a few months, Elhedery has combined HSBC's commercial and investment banking units, taken the decision to pull back from M&A and equity capital markets in markets including the U.K. and Americas, ...
Cyprus Mail14d
HSBC to wind down M&A and equities businesses in Europe and Americas, memo shows
our intention is to move to a more competitive, scalable, financing-led model,” Michael Roberts, CEO HSBC Bank said in the memo. “We will retain more focused M&A and Equity Capital Markets ...
GlobalCapital15d
HSBC’s new IB plan: retreat to go forward
It was a shock to staff, but those who remain will now face a tough question: with a leaner offering, can HSBC be a viable investment bank? Michael Roberts, chief executive of corporate and ...
Hartford Courant15d
Nora Roberts is happily defying genres, 250 books in
NEW YORK (AP) — Nora Roberts is so prolific she had to take up a pen name so her publisher could release more books by her each year. “I’m a fast writer,” Roberts told The Associated Press ...
The Independent Singapore16d
HSBC’s high-stakes gamble: The future of banking in Asia
In an internal memo, Mr Michael Roberts, HSBC’s CEO for the United States and Americas, outlined the shift towards a “more competitive, scalable, financing-led model” while retaining focused ...
InvestmentNews18d
Leaked HSBC memo shows bank making huge cuts in UK and US to focus on Asia
"Our intention is to move to a more competitive, scalable, financing-led model," said Michael Roberts, HSBC Bank’s chief executive. Elhedery’s leadership has been marked by his commitment to ...
wealthprofessional.ca18d
Leaked memo shows global bank planning massive cuts to Western operations
"Our intention is to move to a more competitive, scalable, financing-led model," said Michael Roberts, HSBC Bank’s chief executive. Elhedery’s leadership has been marked by his commitment to ...
Daily Mail24d
Inside story of how 'Dread Pirate Roberts' - the creator of notorious dark web site the Silk Road - 'lived a double life in BONDI' - before he was locked up in America for TWO ...
In a shock decision sparking international outrage, US President Donald Trump has granted a full pardon to Ross Ulbricht, the mastermind behind the notorious Silk Road website – an online black ...
Slate24d
Trump’s First Flurry of Executive Orders Plagued by a Surprising Problem
He lost the DACA rescission case because of bad lawyering. Chief Justice John Roberts kept saying: I will not sign off on this. Or: I would not put my name to this if I were a lawyer, and I ...
Bloomberg L.P.25d
HSBC Said to Study Options for Consumer Banking in Australia
HSBC Holdings Plc is studying options for its consumer banking business in Australia including a potential sale as the bank looks to further slim down its operations, according to people with ...
Newsweek25d
Supreme Court's John Roberts Comes Under MAGA Fire for Trump Inauguration
Morry Gash/Pool/AFP Trump's not putting his hand on the Bible prompted some supporters to blame Roberts. They criticized the justice for not giving Trump more time to get settled before ...