HSBC Announces Restructuring and Names First Female C.F.O.
The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its sprawling operations.
Posted inBanking and Financial Institutions Brookfield Property Partners LP Canary Wharf Group Plc HSBC Holdings PLC. Real Estate (Commercial)
London’s Canary Wharf Tries to Revamp Its Image as Banks Exit
A major bank is leaving its long-held headquarters in London’s purpose-built financial district. But the district’s owner has other plans for the area, which may help it survive the pressures it faces.
Posted inContent Type: Service Delays (Transportation) HSBC Holdings PLC. Insurance Rebates and Refunds Travel and Vacations
Help! My Tour Got Canceled But Travel Insurance Won’t Pay
Destruction from Hurricane Ian led a tour operator to cancel a 10-day excursion to Cuba, leaving a woman with a useless $1,500 plane ticket. That’s what travel insurance is for, right? Our columnist dives into the red tape.
Posted inBanking and Financial Institutions Boards of Directors China Company Reports HSBC Holdings PLC. Ping An Insurance Co
HSBC Shareholders Defeat Ping An-Backed Measures
The outcome is a win for the bank in its fight with its largest stakeholder, the Chinese insurer Ping An, which argues HSBC isn’t taking full advantage of its profitable Asia unit.