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 hours: Chipotle, Advanced Micro Devices, Amgen and more
Finance

Stocks making the biggest moves after hours: Chipotle, Advanced Micro Devices, Amgen and more

Check out the companies making headlines in after-hours trading. Chipotle — Shares of Chipotle tumbled 6% after the fast-casual burrito chain reported that traffic to its restaurants declined for the fourth straight quarter . The company also projected flat same-store sales growth for 2026. To be sure, adjusted earnings and revenue for Chipotle’s fourth quarter […]

Read More
This little-known banking stock has upside, Bank of America says — and a nice dividend
Finance

This little-known banking stock has upside, Bank of America says — and a nice dividend

Source

Read More
Bitcoin breaks below ,000 to lowest since November 2024 as heavy selling resumes
Finance

Bitcoin breaks below $73,000 to lowest since November 2024 as heavy selling resumes

Key Points Bitcoin dived below the $73,000 mark on Tuesday as investors have continued to rotate out of risk-on assets amid mounting geopolitical concerns. The world’s oldest cryptocurrency sank as low as $72,884.38, its lowest level since Nov. 6, 2024, when the token traded at $68,898. Source

Read More
Powered by WordPress | WP Magazine by WP Mag Plus