News Formal

HSBC could see staff cuts amid a cost base adjustment and reorganization - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

ICYMI: HSBC is planning an organizational structure remodel that could lead to more job cuts:

reveal that adjusted profits before taxes fell 12% year-over-year to $5.3 billion. The bank's results varied significantly between different regions: It saw strong performance in commercial banking in Hong Kong and the UK, as well as in retail banking in Hong Kong, despite current unrest in the region, HSBC interim group CEO Noel Quinn said in an earnings But part of the bank's portfolio underperformed, such as its continental European business and its non-ring-fenced bank in the UK.

Because of these shortcomings, the bank plans to allocate less capital to underperforming geographies and focus on higher-return opportunities, which Quinn says will require adjusting HSBC's cost base and remodeling its organizational structure. in the Middle East, North Africa, and Turkey, and it's shrinking its investment banking division as it turns away from underperforming segments.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 729. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Fashion designer Zac Posen is shuttering his business after nearly 20 years - Business InsiderPosen's namesake company abruptly shut down on Friday after the sale process it was in 'ran out of time.' 💔
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

What we learned at this year's Money20/20 - Business InsiderWhile attending this year's Money20/20 conference, Business Insider Intelligence identified four key trends set to shape payments in 2020.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Twitter's ban on political advertising won't end the scrutiny - Business InsiderTwitter is planning to ban all forms of political advertising in hopes of removing itself from the discussion of profiting from misleading content. Hey jack! Why Twitter doesn’t have story feature? good jack
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »