HSBC names Pam Kaur as first female CFO amid major restructuring

HSBC names Pam Kaur as first female CFO amid major restructuring


Key Points
  • HSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and announced a consolidation of the bank into four business units.
  • This is the second heavyweight leadership shakeup for HSBC in recent months, after former finance boss Georges Elhedery was named CEO of the group back in July.
  • The bank also announced plans to restructure into four divisions: Hong Kong, U.K., international wealth and premier banking, and corporate and institutional banking.



Source

Stocks making the biggest moves after the bell: Amazon, Reddit, Molina Healthcare, Fortinet and more
Finance

Stocks making the biggest moves after the bell: Amazon, Reddit, Molina Healthcare, Fortinet and more

Check out the companies making headlines in extended trading. Amazon — Shares tumbled 9% after the ecommerce giant reported $1.95 in earnings per share in the fourth quarter, narrowly missing the consensus forecast of $1.97 per share from analysts polled by LSEG. Amazon also said to expect $200 billion in capital expenditures for 2026. Reddit […]

Read More
Kalshi expands surveillance, enforcement efforts ahead of Super Bowl 60
Finance

Kalshi expands surveillance, enforcement efforts ahead of Super Bowl 60

Key Points Kalshi on Thursday announced new initiatives to expand its surveillance and enforcement frameworks, just days before the Super Bowl. The prediction market is adding advisory committees and resources for consumers on insider trading and market manipulation. Kalshi said its trading volume for Super Bowl predictions has already passed $160 million. Source

Read More