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

Finance

Stocks making the biggest moves after the bell: FedEx, Firefly Aerospace, Planet Labs & more

March 19, 2026

Check out the companies making the biggest moves after the bell: FedEx — The package delivery giant popped 9% on fiscal third-quarter results that beat the Street. FedEx earned $5.25 per share, excluding certain items, on revenue of $24 billion. Analysts polled by LSEG expected a profit of $4.09 per share on revenue of $23.43 […]

Finance

Copper joins gold in broad commodities sell-off. There’s a worrying reason behind it

March 19, 2026

Key Points Both precious and industrial metals fell in Thursday trading as investors are starting to worry this oil shock will go on long enough to cause an economic slowdown or recession. An unusual stagflation scenario is occurring with rates rising on inflation fears, while economic growth expectations are being lowered. But some warn that […]

Finance

Stocks making the biggest moves premarket: Micron, Alibaba, Five Blow, Newmont and more

March 19, 2026

Check out the companies making the biggest moves in premarket trading: Micron Technology — Shares shed nearly 7%. Micron reported a blowout quarter , with its adjusted earnings of $12.20 per share handily topping the $9.31 consensus estimate, per LSEG. Its revenue was $23.86 billion, compared to the $20.07 billion expected from analysts. Investors may […]