HSBC promotes 1300 staff as investment bank overhaul gathers pace: memo

LONDON - HSBC is stepping up a root-and-branch overhaul of its global banking and markets division, naming 83 new managing directors in a 1,300-strong promotions spree aimed at revitalizing its investment banking franchise.

Samir Assaf, chief executive of global banking and markets, distributed a memo last Monday pointing out the significant rise in the number of women promoted this year. Last year saw an exodus of high-profile dealmakers in Europe, with sources saying there was frustration at a lack of a clear strategy.

HSBC tumbled further in investment banking league tables in some key market segments in 2018, with its fourth quarter performance in equities particularly weak.

Saygılar canlarım😍😍

13.şovalye arada selam eder 👁️🔺😍😍

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Startups Aim to Overhaul Trading in World’s Biggest Debt MarketA handful of startup trading platforms is trying to reshape the $15 trillion U.S. Treasurys market.
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »

Europe's central bank just flashed a warning for any potential Deutsche Bank-Commerzbank merger'I do not particularly like the idea of national champions, of European champions,' the eurozone's top financial supervisor told the Financial Times.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »